Plan Ledger DOL Form 5500 · updated monthly

Brockton Neighborhood Health Center403(b)

BROCKTON NEIGHBORHOOD HEALTH CENTER 403(B) PLAN · BROCKTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Brockton Neighborhood Health Center reported $108,391 in plan administrative expenses for 2024: 0.40% of average plan assets, above the peer median. Employer contributions averaged $1,082 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 0.35% to 0.40%. 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 the 1,028th-largest of 2,726 plans among Massachusetts employers on file, and the 2,825th of 11,911 in health care & social assistance. In 2024, employees put in $2.52 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$29,339,748
Participants with balances484
Active participants755
Employer contributions$817,036
Employee contributions$2,056,043
Employer contribution per active participant$1,082
Average account balance$60,619
Benefits paid to participants$2,463,736
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$29.3M · 484 accts · $817K emplr
2023$25.4M · 492 accts · $977K emplr
2022$20.8M · 493 accts · $673K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$107,091
Total administrative$108,391
Employer contributions to the Brockton Neighborhood Health Center plan · 2024
Employer contribution per active participant$1,082
Median for plans this size$2,416
2024$1,082 per active participant
2023$1,291 per active participant
2022$956 per active participant

Brockton Neighborhood Health Center's 2024 employer contribution ran below the $2,416 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 · 20242
VOYA RETIREMENT INSURANCE & ANNUITY · Investment advisory (participants)$108,391
MML INVESTORS SERVICES INCindirect comp

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$108,391 · 0.40%
2023$81,172 · 0.35%
2022$74,570 · 0.35%
Same employer
Similar plansHealth Care & Social Assistance · Massachusetts
Integritus Healthcare MA$31.1M · 0.60%
Servicenet, Inc. MA$30.7M · 0.73%
Skincare Physicians, Inc. MA$30.7M · 0.02%
Alliance Health, Inc. MA$28.7M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043165044 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.