Plan Ledger DOL Form 5500 · updated monthly

Beth Israel Deaconess Medical Center403(b)

BETH ISRAEL DEACONESS MEDICAL CENTER VOLUNTARY 403(B) PLAN · BOSTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Beth Israel Deaconess Medical Center reported $2,176,203 in plan administrative expenses for 2024: 0.07% of average plan assets, above the peer median. Employer contributions averaged $1,745 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 0.02% to 0.07%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 15th-largest of 2,726 plans among Massachusetts employers on file, and the 38th of 11,911 in health care & social assistance. In 2024, employees put in $2.01 for every $1.00 the employer contributed; active participation has grown from 13,981 to 39,601 since 2022.

Plan summary
Net assets, end of year$3,507,933,231
Participants with balances29,416
Active participants39,601
Employer contributions$69,099,782
Employee contributions$138,771,475
Employer contribution per active participant$1,745
Average account balance$119,253
Benefits paid to participants$245,148,297
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.5B · 29,416 accts · $69.1M emplr
2023$2.4B · 22,767 accts · $3K emplr
2022$314.1M · 3,725 accts · $24K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$360,135
Investment management$231,401
Audit (IQPA)$185,222
Total administrative$2,176,203
Employer contributions to the Beth Israel Deaconess Medical Center plan · 2024
Employer contribution per active participant$1,745
Median for plans this size$5,259
2024$1,745 per active participant
2023$0 per active participant
2022$2 per active participant

Beth Israel Deaconess Medical Center's 2024 employer contribution ran below the $5,259 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 · 20246
BDO · Accounting / audit · Recordkeeping$185,222
CAPFINANCIAL PARTNERS LLC · Consulting$1,403,379
FID INV INSTL OPS CO · Loan processing$284,860
STRATEGIC ADVISERS, INC · Investment advisory (plan)$231,401
WILLIS TOWERS WATSON US LLC · Consulting$62,059
NEPC · Consulting · Investment advisory (plan)indirect comp

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

Recordkeeper by year2
2024BDO
2023BDO

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$2,176,203 · 0.07%
2023$222,443 · 0.02%
2022$80,230 · 0.02%
All plans at this employer2
BETH ISRAEL DEACONESS MEDICAL CENTER 401(K) SAVINGS AND INVESTMENT PLAN401(k)
BETH ISRAEL DEACONESS MEDICAL CENTER VOLUNTARY 403(B) PLAN403(b)
Similar plansHealth Care & Social Assistance · Massachusetts
Boston Medical Center MA$1.7B · 0.07%
Baystate Health, Inc MA$1.4B · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042103881 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.