Plan Ledger DOL Form 5500 · updated monthly

Harvard Management Company Inc.Money purchase plan

HARVARD MANAGEMENT COMPANY INC. PENSION PLAN · BOSTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Harvard Management Company Inc. reported $25,140 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $16,618 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 fell from 0.07% to 0.04%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 622nd-largest of 2,726 plans among Massachusetts employers on file, and the 1,501st of 4,798 in finance & insurance.

Plan summary
Net assets, end of year$58,204,832
Participants with balances262
Active participants102
Employer contributions$1,695,049
Employee contributions—
Employer contribution per active participant$16,618
Average account balance$222,156
Benefits paid to participants$4,320,167
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$58.2M · 262 accts · $1.7M emplr
2023$53.9M · 276 accts · $1.9M emplr
2022$45.8M · 281 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,365
Trustee / custodial$467
Total administrative$25,140
Employer contributions to the Harvard Management Company Inc. plan · 2024
Employer contribution per active participant$16,618
Median for plans this size$3,635
2024$16,618 per active participant
2023$18,537 per active participant
2022$15,754 per active participant

Harvard Management Company Inc.'s 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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
SENTINEL BENEFITS GROUP, LLC · Recordkeeping$24,365

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$25,140 · 0.04%
2023$30,531 · 0.06%
2022$37,128 · 0.07%
All plans at this employer2
THE HARVARD MANAGEMENT COMPANY 403(B) TAX-DEFERRED ANNUITY PLAN403(b)
HARVARD MANAGEMENT COMPANY INC. PENSION PLANMoney purchase plan
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 237361259 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.