Plan Ledger DOL Form 5500 · updated monthly

Alira Health Boston, LLC401(k)

ALIRA HEALTH 401(K) PLAN · FRAMINGHAM, MA · plan year 2023

Reported admin expense ratio · 2023
0.04%

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

Alira Health Boston, LLC reported $2,975 in plan administrative expenses for 2023: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,866 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Massachusetts (1,933rd of 2,726), and 4,026th of 4,798 in finance & insurance. In 2023, employees put in $2.29 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,577,455
Participants with balances246
Active participants199
Employer contributions$570,364
Employee contributions$1,307,015
Employer contribution per active participant$2,866
Average account balance$38,933
Benefits paid to participants$788,686
Plan auditUnmodified (clean) audit opinion
AuditorALIRA HEALTH BOSTON, LLC
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$2,975
Total administrative$2,975
The Alira Health Boston, LLC 401(k) match · 2023
Employer contribution per active participant$2,866
Median for plans this size$1,308

Alira Health Boston, LLC's 2023 employer contribution ran above the $1,308 median for plans its size, placing it in the top 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2023$2,975 · 0.04%
Same employer
Similar plansFinance & Insurance · Massachusetts
Monson Savings Bank MA$11.6M · 0.01%
Lendbuzz, Inc. MA$7.9M · 0.40%
Bay State Savings Bank MA$7.5M · 0.00%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 010933936 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.