Plan Ledger DOL Form 5500 · updated monthly

Dimock Community Foundation403(b)

DIMOCK COMMUNITY FOUNDATION 403(B) PLAN · ROXBURY, MA · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Dimock Community Foundation reported $64,235 in plan administrative expenses for 2024: 0.51% of average plan assets, higher than ~75% of peers. Employer contributions averaged $11 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 0.40% to 0.51%. 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 (1,648th of 2,726), and the 4,894th of 11,911 in health care & social assistance. In 2024, employees put in $180.51 for every $1.00 the employer contributed; active participation has shrunk from 670 to 483 since 2022.

Plan summary
Net assets, end of year$13,076,918
Participants with balances360
Active participants483
Employer contributions$5,388
Employee contributions$972,579
Employer contribution per active participant$11
Average account balance$36,325
Benefits paid to participants$1,867,263
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.1M · 360 accts · $5K emplr
2023$12.3M · 383 accts · $433K emplr
2022$10.3M · 406 accts · $159K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$64,235
Total administrative$64,235
Employer contributions to the Dimock Community Foundation plan · 2024
Employer contribution per active participant$11
Median for plans this size$2,416
2024$11 per active participant
2023$907 per active participant
2022$238 per active participant

Dimock Community Foundation'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
LINCOLN NATIONAL CORPORATION · Contract administrator$64,235

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$64,235 · 0.51%
2023$51,536 · 0.45%
2022$44,170 · 0.40%
Same employer
Similar plansHealth Care & Social Assistance · Massachusetts
Sherrill House, Inc MA$13.2M · 0.35%
Fallon Service, Inc. MA$13.1M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043487827 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.