Plan Ledger DOL Form 5500 · updated monthly

East Boston Neighborhood Health Center401(k)

EAST BOSTON NEIGHBORHOOD HEALTH CENTER 401(K) PLAN · EAST BOSTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

East Boston Neighborhood Health Center reported $192,490 in plan administrative expenses for 2024: 0.25% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,367 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 3 years on file its reported administrative ratio has held roughly steady near 0.25%. 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 490th-largest of 2,726 plans among Massachusetts employers on file, and the 1,287th of 11,911 in health care & social assistance. In 2024, employees put in $2.54 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$80,682,051
Participants with balances1,712
Active participants1,353
Employer contributions$1,849,691
Employee contributions$4,696,598
Employer contribution per active participant$1,367
Average account balance$47,127
Benefits paid to participants$5,280,016
Plan auditUnmodified (clean) audit opinion
AuditorAAFCPAS
Plan history3
Yearassets · accounts · employer contribution
2024$80.7M · 1,712 accts · $1.8M emplr
2023$70.5M · 1,641 accts · $1.9M emplr
2022$62.7M · 1,781 accts · $1.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$108,526
Investment management$48,976
Total administrative$192,490
The East Boston Neighborhood Health Center 401(k) match · 2024
Employer contribution per active participant$1,367
Median for plans this size$3,635
2024$1,367 per active participant
2023$1,452 per active participant
2022$1,439 per active participant

East Boston Neighborhood Health Center's 2024 employer contribution ran below the $3,635 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 · 20243
CAMBRIDGE INVESTMENT RESEARCH · Securities brokerage$48,976
AEGIS RETIREMENT PARTNERS · Contract administrator · Pension consulting$34,988

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$192,490 · 0.25%
2023$161,722 · 0.24%
2022$176,932 · 0.27%
All plans at this employer2
EAST BOSTON NEIGHBORHOOD HEALTH CENTER 403(B) PLAN403(b)
EAST BOSTON NEIGHBORHOOD HEALTH CENTER 401(K) PLAN401(k)
Same employer
Similar plansHealth Care & Social Assistance · Massachusetts
Everbridge, Inc. MA$92.5M · 0.21%
Heywood Hospital MA$88.2M · 0.18%
Prima Care, P.C. MA$86.8M · 0.46%
The May Institute, Inc. MA$85.0M · 0.28%
Vinfen Corporation MA$78.0M · 0.28%
Anna Jaques Hospital MA$75.2M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 237425849 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.