Plan Ledger DOL Form 5500 · updated monthly

Woonsocket Head Start Child Development Assoc., Inc.403(b)

WHSCDA, INC. 403(B) PLAN · WOONSOCKET, RI · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Woonsocket Head Start Child Development Assoc., Inc. reported $2,089 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,015 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 0.00% to 0.06%. 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 (247th of 286), and 8,775th of 11,911 in health care & social assistance. In 2024, employees put in $1.39 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,684,552
Participants with balances180
Active participants88
Employer contributions$89,281
Employee contributions$124,364
Employer contribution per active participant$1,015
Average account balance$20,470
Benefits paid to participants$236,565
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.7M · 180 accts · $89K emplr
2023$3.3M · 170 accts · $142K emplr
2022$2.7M · 146 accts · $119K emplr
Employer contributions to the Woonsocket Head Start Child Development Assoc., Inc. plan · 2024
Employer contribution per active participant$1,015
Median for plans this size$1,313
2024$1,015 per active participant
2023$1,728 per active participant
2022$1,471 per active participant

Woonsocket Head Start Child Development Assoc., Inc.'s 2024 employer contribution ran below 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.

Administrative cost history3
2024$2,089 · 0.06%
2023$234 · 0.01%
2022$25 · 0.00%
Similar plansHealth Care & Social Assistance · Rhode Island
Tockwotton Home RI$4.0M · 0.05%
Med Tech Ambulance, Inc. RI$3.6M · 0.93%
Scandinavian Home, Inc. RI$3.5M · 1.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 050354966 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.