Plan Ledger DOL Form 5500 · updated monthly

Greater Boston Legal Services, Inc.403(b)

GREATER BOSTON LEGAL SERVICES PENSION PLAN · BOSTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Greater Boston Legal Services, Inc. reported $55,732 in plan administrative expenses for 2024: 0.19% of average plan assets, below the peer median. Employer contributions averaged $2,744 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 0.19%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,000th-largest of 2,726 plans among Massachusetts employers on file, and the 4,115th of 11,654 in professional & technical services. In 2024, employees put in $2.57 for every $1.00 the employer contributed; active participation has grown from 159 to 184 since 2022.

Plan summary
Net assets, end of year$30,476,781
Participants with balances223
Active participants184
Employer contributions$504,936
Employee contributions$1,297,533
Employer contribution per active participant$2,744
Average account balance$136,667
Benefits paid to participants$2,448,335
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$30.5M · 223 accts · $505K emplr
2023$27.0M · 218 accts · $531K emplr
2022$23.2M · 194 accts · $861K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,336
Audit (IQPA)$16,000
Trustee / custodial$8,396
Total administrative$55,732
Employer contributions to the Greater Boston Legal Services, Inc. plan · 2024
Employer contribution per active participant$2,744
Median for plans this size$2,416
2024$2,744 per active participant
2023$3,067 per active participant
2022$5,418 per active participant

Greater Boston Legal Services, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20242
SENTINEL BENEFITS GROUP, INC. · Recordkeeping · Loan processing$31,336
AAFCPA'S INC. · Accounting / audit$16,000

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

Recordkeeper by year2
2024Sentinel Group
2023Sentinel Group

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$55,732 · 0.19%
2023$62,817 · 0.25%
2022$49,953 · 0.20%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 042103907 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.