Plan Ledger DOL Form 5500 · updated monthly

Commonwealth Care Alliance401(k)

COMMONWEALTH CARE ALLIANCE 401(K) PLAN · BOSTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Commonwealth Care Alliance reported $170,870 in plan administrative expenses for 2024: 0.15% of average plan assets, above the peer median. Employer contributions averaged $4,491 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 $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 363rd-largest of 2,726 plans among Massachusetts employers on file, and the 880th of 11,911 in health care & social assistance. In 2024, employees put in $2.14 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$128,360,853
Participants with balances1,979
Active participants1,689
Employer contributions$7,586,106
Employee contributions$16,210,356
Employer contribution per active participant$4,491
Average account balance$64,861
Benefits paid to participants$19,014,256
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$141,370
Audit (IQPA)$17,000
Total administrative$170,870
The Commonwealth Care Alliance 401(k) match · 2024
Employer contribution per active participant$4,491
Median for plans this size$3,635

Commonwealth Care Alliance's 2024 employer contribution ran above the $3,635 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$141,370
AAFCPAS INC · Accounting / audit$17,000
SAGEVIEW ADVISORY GROUP, LLC · Consulting$12,500

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

Administrative cost history1
2024$170,870 · 0.15%
All plans at this employer2
COMMONWEALTH CARE ALLIANCE 403(B) PLAN403(b)
COMMONWEALTH CARE ALLIANCE 401(K) PLAN401(k)
Same employer
Similar plansHealth Care & Social Assistance · Massachusetts
Organogenesis Inc. MA$143.9M · 0.03%
New England Baptist Hospital MA$139.3M · 0.09%
Alerislife, Inc. MA$128.3M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043756900 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.