Plan Ledger DOL Form 5500 · updated monthly

Easter Seals Massachusetts, Inc.403(b)

EASTER SEALS MASSACHUSETTS 403(B)(7) PLAN · WORCESTER, MA · plan year 2024

Reported admin expense ratio · 2024
0.90%

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

Easter Seals Massachusetts, Inc. reported $81,414 in plan administrative expenses for 2024: 0.90% of average plan assets, higher than ~75% of peers. Employer contributions averaged $130 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 0.75% to 0.90%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Massachusetts (1,924th of 2,726), and the 5,816th of 11,911 in health care & social assistance. In 2024, employees put in $18.34 for every $1.00 the employer contributed; active participation has grown from 235 to 260 since 2022.

Plan summary
Net assets, end of year$9,662,726
Participants with balances351
Active participants260
Employer contributions$33,804
Employee contributions$619,953
Employer contribution per active participant$130
Average account balance$27,529
Benefits paid to participants$430,892
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.7M · 351 accts · $34K emplr
2023$8.5M · 345 accts · $47K emplr
2022$7.4M · 316 accts · $41K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$52,687
Investment management$28,727
Total administrative$81,414
Employer contributions to the Easter Seals Massachusetts, Inc. plan · 2024
Employer contribution per active participant$130
Median for plans this size$1,313
2024$130 per active participant
2023$173 per active participant
2022$174 per active participant

Easter Seals Massachusetts, Inc.'s 2024 employer contribution ran below the $1,313 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
MORGAN STANLEY · Investment advisory (plan)$28,727
THE ANGELL PENSION GROUP, INC. · Contract administratorindirect comp

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$81,414 · 0.90%
2023$73,434 · 0.93%
2022$52,417 · 0.75%
Same employer
Similar plansHealth Care & Social Assistance · Massachusetts
Enable, Inc. MA$9.9M · 1.55%
The Boston Home, Inc. MA$9.6M · 0.04%
Health Imperatives, Inc. MA$9.5M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042103867 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.