Plan Ledger DOL Form 5500 · updated monthly

Edward M. Kennedy Community Health Center, Inc.403(b)

EDWARD M. KENNEDY COMMUNITY HEALTH CENTER, INC. 403(B) PLAN · WORCESTER, MA · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Edward M. Kennedy Community Health Center, Inc. reported $91,528 in plan administrative expenses for 2024: 0.43% of average plan assets, above the peer median. Employer contributions averaged $724 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 0.39% to 0.43%. 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 the 1,194th-largest of 2,726 plans among Massachusetts employers on file, and the 3,357th of 11,911 in health care & social assistance. In 2024, employees put in $4.99 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$22,856,880
Participants with balances424
Active participants437
Employer contributions$316,581
Employee contributions$1,580,586
Employer contribution per active participant$724
Average account balance$53,908
Benefits paid to participants$1,583,264
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$22.9M · 424 accts · $317K emplr
2023$20.0M · 420 accts · $281K emplr
2022$17.3M · 381 accts · $261K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$91,528
Total administrative$91,528
Employer contributions to the Edward M. Kennedy Community Health Center, Inc. plan · 2024
Employer contribution per active participant$724
Median for plans this size$2,416
2024$724 per active participant
2023$649 per active participant
2022$647 per active participant

Edward M. Kennedy Community Health Center, Inc.'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 · 20242
MML INVESTORS SERVICES INCindirect 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$91,528 · 0.43%
2023$79,214 · 0.42%
2022$63,009 · 0.39%
Same employer
Similar plansHealth Care & Social Assistance · Massachusetts
Pointe Group Care, LLC MA$23.6M · 0.63%
Lcb Senior Living, LLC MA$23.2M · 1.24%
Umass Memorial Health MA$23.2M · 0.27%
Oxfam America, Inc. MA$22.8M · 0.36%
Greater Boston Urology, LLC MA$21.7M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042513817 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.