Plan Ledger DOL Form 5500 · updated monthly

Baim Institute for Clinical Research, Inc.401(k)

BAIM INSTITUTE FOR CLINICAL RESEARCH 401(K) PLAN · BOSTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Baim Institute for Clinical Research, Inc. reported $32,771 in plan administrative expenses for 2024: 0.19% of average plan assets, below the peer median. Employer contributions averaged $3,252 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 3 years on file its reported administrative ratio has held roughly steady near 0.192%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Massachusetts (1,424th of 2,726), and the 4,036th of 11,911 in health care & social assistance. In 2024, employees put in $3.40 for every $1.00 the employer contributed; active participation has grown from 65 to 72 since 2022.

Plan summary
Net assets, end of year$17,596,314
Participants with balances163
Active participants72
Employer contributions$234,149
Employee contributions$795,530
Employer contribution per active participant$3,252
Average account balance$107,953
Benefits paid to participants$1,937,559
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.6M · 163 accts · $234K emplr
2023$16.5M · 170 accts · $233K emplr
2022$15.3M · 174 accts · $166K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,605
Investment management$20,166
Total administrative$32,771
The Baim Institute for Clinical Research, Inc. 401(k) match · 2024
Employer contribution per active participant$3,252
Median for plans this size$2,416
2024$3,252 per active participant
2023$3,149 per active participant
2022$2,552 per active participant

Baim Institute for Clinical Research, Inc.'s 2024 employer contribution ran above the $2,416 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.

Service providers · 20242
MML INVESTOR SERVICES LLC · Investment advisory (plan)$19,463
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$12,605

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$32,771 · 0.19%
2023$28,882 · 0.18%
2022$35,043 · 0.19%
Same employer
Similar plansHealth Care & Social Assistance · Massachusetts
Health Management Services MA$18.4M · 0.42%
Upstream USA, Inc. MA$17.5M · 0.44%
Dothouse Health MA$17.0M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043521077 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.