Plan Ledger DOL Form 5500 · updated monthly

Woonsocket Urgent Care PC401(k)

WOONSOCKET URGENT CARE PC 401(K) PROFIT SHARING PLAN & TRUST · EAST WALPOLE, MA · plan year 2024

Reported admin expense ratio · 2024
0.79%

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

Woonsocket Urgent Care PC reported $12,802 in plan administrative expenses for 2024: 0.79% of average plan assets, above the peer median. Employer contributions averaged $0 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 0.55% to 0.79%. 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 Massachusetts (2,593rd of 2,726), and 10,293rd of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$1,707,519
Participants with balances163
Active participants90
Employer contributions$0
Employee contributions$213,367
Employer contribution per active participant$0
Average account balance$10,476
Benefits paid to participants$248,045
Plan auditUnmodified (clean) audit opinion
AuditorCAVANAGH CPAS & ASSOCIATES, LLC
Plan history2
Yearassets · accounts · employer contribution
2024$1.7M · 163 accts
2022$1.3M · 79 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,124
Investment management$4,718
Trustee / custodial$960
Total administrative$12,802
The Woonsocket Urgent Care PC 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Woonsocket Urgent Care PC's 2024 employer contribution ran below the $1,313 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 · 20241
PAYCHEX, INC. · Recordkeeping$7,297

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

Administrative cost history2
2024$12,802 · 0.79%
2022$7,564 · 0.55%
Similar plansHealth Care & Social Assistance · Massachusetts
Bridges Homeward, Inc. MA$1.8M · 0.74%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203842604 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.