Plan Ledger DOL Form 5500 · updated monthly

Bear Hill Healthcare LLC401(k)

BEAR HILL HEALTHCARE 401(K) PROFIT SHARING PLAN · STONEHAM, MA · plan year 2023

Reported admin expense ratio · 2023
0.03%

Bear Hill Healthcare LLC reported $1,193 in plan administrative expenses for 2023: 0.03% of average plan assets, lower than ~75% of peers. 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 1 year on file its reported administrative ratio fell from 0.04% to 0.03%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Massachusetts (2,404th of 2,726), and 8,562nd of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$3,991,031
Participants with balances91
Active participants88
Employer contributions—
Employee contributions$118,777
Employer contribution per active participant—
Average account balance$43,857
Benefits paid to participants$532,857
Plan auditDisclaimer of opinion
AuditorR. NEUHAUS & ASSOCIATES, LLC
Plan history2
Yearassets · accounts · employer contribution
2023$4.0M · 91 accts
2022$3.8M · 106 accts
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.

Service providers · 20232
CAPITAL RESEARCH MANAGEMENT COMPANY · Recordkeeping · Investment management$1,193
COMMONWEALTH FINANCIAL NETWORKindirect comp

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

Administrative cost history2
2023$1,193 · 0.03%
2022$1,478 · 0.04%
Similar plansHealth Care & Social Assistance · Massachusetts
Familyaid Boston Inc. MA$4.0M · 0.53%
Alpha Dental Center, PC MA$3.8M · 1.18%
Triumph, Inc. MA$3.8M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 843052445 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.