Plan Ledger DOL Form 5500 · updated monthly

Clearview Healthcare Partners401(k)

CLEARVIEW HEALTHCARE PARTNERS RETIREMENT SAVINGS PLAN · NEWTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Clearview Healthcare Partners reported $136,149 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $2,238 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 0.34%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 751st-largest of 2,726 plans among Massachusetts employers on file, and the 2,991st of 11,654 in professional & technical services. In 2024, employees put in $5.52 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$45,110,734
Participants with balances692
Active participants425
Employer contributions$950,948
Employee contributions$5,248,767
Employer contribution per active participant$2,238
Average account balance$65,189
Benefits paid to participants$2,804,796
Plan auditUnmodified (clean) audit opinion
AuditorJOHNSON O'CONNOR FERON & CARUCCI
Plan history3
Yearassets · accounts · employer contribution
2024$45.1M · 692 accts · $951K emplr
2023$35.2M · 562 accts · $1.1M emplr
2022$24.9M · 583 accts · $932K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$60,448
Investment management$40,601
Audit (IQPA)$35,100
Total administrative$136,149
The Clearview Healthcare Partners 401(k) match · 2024
Employer contribution per active participant$2,238
Median for plans this size$2,416
2024$2,238 per active participant
2023$3,322 per active participant
2022$2,099 per active participant

Clearview Healthcare Partners's 2024 employer contribution ran below the $2,416 median for plans its size. 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 · 20244
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$60,448
TWELVE POINTS WEALTH MANAGEMENT LL · Investment advisory (plan)$40,601
JOHNSON O'CONNOR FERON & CARUCCI L · Accounting / audit$23,210
CBIZ MHM, LLC · Accounting / audit$11,890

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$136,149 · 0.34%
2023$60,078 · 0.20%
2022$4,979 · 0.02%
Same employer
Similar plansProfessional & Technical Services · Massachusetts
Arcadia Solutions, LLC MA$47.6M · 0.13%
Beam Therapeutics, Inc. MA$47.6M · 0.21%
Aptima, Inc. MA$45.8M · 0.12%
Liaison International, LLC MA$45.2M · 0.12%
Indigo AG, Inc. MA$44.9M · 0.30%
Savant Systems, Inc. MA$44.7M · 0.18%
Boston Ivf, LLC MA$44.5M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261597664 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.