Plan Ledger DOL Form 5500 · updated monthly

Bridges Homeward, Inc.403(b)

BRIDGES HOMEWARD, INC. EMPLOYEE DEFERRAL 403(B) PLAN · CAMBRIDGE, MA · plan year 2022

Reported admin expense ratio · 2022
0.74%

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

Bridges Homeward, Inc. reported $13,795 in plan administrative expenses for 2022: 0.74% of average plan assets, above the peer median. Employer contributions averaged $329 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Massachusetts (2,590th of 2,726), and 10,254th of 11,911 in health care & social assistance. In 2022, employees put in $3.91 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,751,691
Participants with balances71
Active participants129
Employer contributions$42,399
Employee contributions$165,920
Employer contribution per active participant$329
Average account balance$24,672
Benefits paid to participants$59,234
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$13,795
Total administrative$13,795
Employer contributions to the Bridges Homeward, Inc. plan · 2022
Employer contribution per active participant$329
Median for plans this size$1,114

Bridges Homeward, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$13,795 · 0.74%
Similar plansHealth Care & Social Assistance · Massachusetts
Woonsocket Urgent Care PC MA$1.7M · 0.79%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042104057 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.