Plan Ledger DOL Form 5500 · updated monthly

Brockton Visiting Nurse Association403(b)

BROCKTON VISITING NURSE ASSOCIATION RETIREMENT PLAN · BROCKTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Brockton Visiting Nurse Association reported $36,427 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $1,097 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 0.36% to 0.25%. 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 among the smaller plans on file in Massachusetts (1,536th of 2,726), and the 4,409th of 11,911 in health care & social assistance. In 2024, employees put in $4.38 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,368,867
Participants with balances235
Active participants136
Employer contributions$149,259
Employee contributions$653,658
Employer contribution per active participant$1,097
Average account balance$65,399
Benefits paid to participants$628,790
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.4M · 235 accts · $149K emplr
2023$13.6M · 216 accts · $193K emplr
2022$12.3M · 198 accts · $184K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,427
Total administrative$36,427
Employer contributions to the Brockton Visiting Nurse Association plan · 2024
Employer contribution per active participant$1,097
Median for plans this size$2,416
2024$1,097 per active participant
2023$1,314 per active participant
2022$1,354 per active participant

Brockton Visiting Nurse Association'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 · 20241

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$36,427 · 0.25%
2023$32,374 · 0.25%
2022$48,167 · 0.36%
Similar plansHealth Care & Social Assistance · Massachusetts
Springwell, Inc. MA$14.7M · 0.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042103941 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.