Plan Ledger DOL Form 5500 · updated monthly

American Meteorological Society403(b)

AMERICAN METEOROLOGICAL SOCIETY DEFINED CONTRIBUTION RETIREMENT PLAN · BOSTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

American Meteorological Society reported $58,858 in plan administrative expenses for 2024: 0.17% of average plan assets, below the peer median. Employer contributions averaged $7,716 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 0.16% to 0.17%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 901st-largest of 2,726 plans among Massachusetts employers on file, and the 621st of 3,341 in other services. In 2024, the employer put in $1.13 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$34,886,806
Participants with balances208
Active participants78
Employer contributions$601,827
Employee contributions$530,530
Employer contribution per active participant$7,716
Average account balance$167,725
Benefits paid to participants$3,604,716
Plan auditUnmodified (clean) audit opinion
AuditorTONNESON & COMPANY PC
Plan history3
Yearassets · accounts · employer contribution
2024$34.9M · 208 accts · $602K emplr
2023$32.9M · 211 accts · $581K emplr
2022$27.9M · 206 accts · $559K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,238
Investment management$14,250
Audit (IQPA)$18,076
Total administrative$58,858
Employer contributions to the American Meteorological Society plan · 2024
Employer contribution per active participant$7,716
Median for plans this size$2,416
2024$7,716 per active participant
2023$6,838 per active participant
2022$6,502 per active participant

American Meteorological Society's 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
TIAA$23,238
TONNESON & COMPANY, PC · Accounting / audit$18,076
GLOBAL RETIREMENT PARTNERS, LLC · Investment advisory (participants)$9,500

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$58,858 · 0.17%
2023$50,374 · 0.17%
2022$50,656 · 0.16%
Similar plansOther Services · Massachusetts
Aura Sub, LLC MA$48.7M · 0.29%
Boston Foundation, Inc. MA$34.8M · 0.02%
Aura Sub, LLC MA$31.7M · 0.30%
Harrison Global LLC MA$31.1M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042103657 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.