Plan Ledger DOL Form 5500 · updated monthly

Tockwotton Home403(b)

TOCKWOTTON HOME RETIREMENT SAVINGS PLAN · EAST PROVIDENCE, RI · plan year 2023

Reported admin expense ratio · 2023
0.05%

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

Tockwotton Home reported $2,143 in plan administrative expenses for 2023: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,353 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 rose from 0.01% to 0.39%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Rhode Island (241st of 286), and 8,572nd of 11,911 in health care & social assistance. In 2023, the employer put in $1.16 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$3,973,410
Participants with balances237
Active participants143
Employer contributions$193,471
Employee contributions$167,119
Employer contribution per active participant$1,353
Average account balance$16,765
Benefits paid to participants$687,539
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.6M · 231 accts · $182K emplr
2023$4.0M · 237 accts · $193K emplr
2022$3.9M · 222 accts · $115K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$2,143
Total administrative$2,143
Employer contributions to the Tockwotton Home plan · 2023
Employer contribution per active participant$1,353
Median for plans this size$1,308
2024$1,219 per active participant
2023$1,353 per active participant
2022$822 per active participant

Tockwotton Home's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
LINCOLN NATIONAL CORPORATION · Contract administrator$3,466

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$14,821 · 0.39%
2023$2,143 · 0.05%
2022$330 · 0.01%
Similar plansHealth Care & Social Assistance · Rhode Island
Spurwink/Ri RI$4.3M · 0.01%
Med Tech Ambulance, Inc. RI$3.6M · 0.93%

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Source: U.S. Department of Labor, Form 5500 series, EIN 050258881 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.