Plan Ledger DOL Form 5500 · updated monthly

Boston Childrens Heart Foundation, Inc.Profit-sharing plan

BOSTON CHILDREN'S HEART FOUNDATION RETIREMENT PLAN · BOSTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Boston Childrens Heart Foundation, Inc. reported $21,319 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $60,131 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 fell from 0.05% to 0.03%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 503rd-largest of 2,726 plans among Massachusetts employers on file, and the 1,316th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$77,958,776
Participants with balances131
Active participants96
Employer contributions$5,772,540
Employee contributions—
Employer contribution per active participant$60,131
Average account balance$595,105
Benefits paid to participants$4,759,854
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$78.0M · 131 accts · $5.8M emplr
2023$66.8M · 131 accts · $5.2M emplr
2022$53.4M · 123 accts · $3.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,319
Total administrative$21,319
Employer contributions to the Boston Childrens Heart Foundation, Inc. plan · 2024
Employer contribution per active participant$60,131
Median for plans this size$3,635
2024$60,131 per active participant
2023$54,770 per active participant
2022$32,586 per active participant

Boston Childrens Heart Foundation, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20241
TIAA-TEACHERS INS AND ANNUITY · Claims processing · Contract administrator$21,394

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

Recordkeeper by year2
2024TIAA
2023TIAA

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

Administrative cost history3
2024$21,319 · 0.03%
2023$21,097 · 0.04%
2022$25,698 · 0.05%
Similar plansHealth Care & Social Assistance · Massachusetts
The May Institute, Inc. MA$85.0M · 0.28%
Vinfen Corporation MA$78.0M · 0.28%
Anna Jaques Hospital MA$75.2M · 0.21%
Healthcare South P.C. MA$73.9M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042790699 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.