Plan Ledger DOL Form 5500 · updated monthly

Saint Elizabeth Community403(b)

SAINT ELIZABETH COMMUNITY 403(B) RETIREMENT PLAN · WARWICK, RI · plan year 2024

Reported admin expense ratio · 2024
1.03%

Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works

Saint Elizabeth Community reported $150,888 in plan administrative expenses for 2024: 1.03% of average plan assets, higher than ~90% of peers. Employer contributions averaged $720 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 1.22% to 1.03%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 141st-largest of 286 plans among Rhode Island employers on file, and the 4,385th of 11,911 in health care & social assistance. In 2024, employees put in $3.67 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,512,528
Participants with balances868
Active participants499
Employer contributions$359,365
Employee contributions$1,318,524
Employer contribution per active participant$720
Average account balance$17,872
Benefits paid to participants$1,639,279
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.5M · 868 accts · $359K emplr
2023$13.7M · 776 accts · $422K emplr
2022$11.2M · 675 accts · $343K emplr
Employer contributions to the Saint Elizabeth Community plan · 2024
Employer contribution per active participant$720
Median for plans this size$2,416
2024$720 per active participant
2023$845 per active participant
2022$692 per active participant

Saint Elizabeth Community's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
CITRIN COOPERMAN · Accounting / audit$34,073
THE ANGELL PENSION GROUP, INC. · Contract administrator · Plan administrator$22,751
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$12,000

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$150,888 · 1.03%
2023$182,779 · 1.47%
2022$149,759 · 1.22%
Same employer
Similar plansHealth Care & Social Assistance · Rhode Island
C.H.I.L.D., Inc. RI$15.4M · 0.01%
Refocus, Inc. RI$13.7M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 050457342 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.