Plan Ledger DOL Form 5500 · updated monthly

The Arc of Blackstone ValleyProfit-sharing plan

THE ARC OF BLACKSTONE VALLEY PROFIT SHARING PLAN · PAWTUCKET, RI · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

The Arc of Blackstone Valley reported $21,391 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $1,537 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 0.29% to 0.27%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Rhode Island (183rd of 286), and 6,311th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$8,334,476
Participants with balances207
Active participants168
Employer contributions$258,191
Employee contributions—
Employer contribution per active participant$1,537
Average account balance$40,263
Benefits paid to participants$209,294
Plan auditUnmodified (clean) audit opinion
AuditorOTRANDO, PORCARO & ASSOCIATES, LTD.
Plan history3
Yearassets · accounts · employer contribution
2024$8.3M · 207 accts · $258K emplr
2023$7.5M · 215 accts · $245K emplr
2022$6.8M · 231 accts · $229K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,707
Investment management$9,471
Total administrative$21,391
Employer contributions to the The Arc of Blackstone Valley plan · 2024
Employer contribution per active participant$1,537
Median for plans this size$1,313
2024$1,537 per active participant
2023$1,543 per active participant
2022$1,422 per active participant

The Arc of Blackstone Valley's 2024 employer contribution ran above the $1,313 median for plans its size. 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 · 202412
NATIONWIDE · Recordkeeping · Other services$22,854
T. ROWE PRICE RPS, INC. · Recordkeeping · Participant communication$7,707
COMMONWEALTH FINANCIAL NETWORK · Investment advisory (plan)$9,471
THE ANGELL PENSION GROUP INC$3,138
FIDELITY · Investment managementindirect comp
PIMCO FUNDS · Investment managementindirect comp
AMERICAN FUNDS · Investment managementindirect comp
VANGUARD GROUP · Investment managementindirect comp
BLACKROCK FUNDS · Investment managementindirect comp
DODGE & COX · Investment managementindirect comp
MFS FUNDS · Investment managementindirect comp
DIMENSIONAL FUNDS · Investment managementindirect comp

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

Recordkeeper by year2
2024Nationwide, T. Rowe Price
2023Nationwide

This plan has changed recordkeepers within these filings. If you left The Arc of Blackstone Valley before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$21,391 · 0.27%
2023$22,813 · 0.32%
2022$22,026 · 0.29%
Same employer
Similar plansHealth Care & Social Assistance · Rhode Island
Edesia, Inc. RI$9.1M · 0.24%
Accesspoint Ri RI$8.8M · 0.37%
Plum Dental Group, L.L.C. RI$8.2M · 0.51%
Nursing Placement Inc. RI$7.5M · 0.80%
Avatar Residential, Inc. RI$7.3M · 0.05%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 050300152 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.