Plan Ledger DOL Form 5500 · updated monthly

Harvard Med. Faculty Physicians at Beth Israel Deaconess Med. Ctr. Inc403(b)

HARVARD MEDICAL FACULTY PHYSICIANS AT BETH ISRAEL DEACONESS MEDICAL CENTER, INC. RETIREMENT PLAN · BOSTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Harvard Med. Faculty Physicians at Beth Israel Deaconess Med. Ctr. Inc reported $261,101 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $25,759 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 0.03% to 0.02%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 41st-largest of 2,726 plans among Massachusetts employers on file, and the 139th of 11,911 in health care & social assistance. active participation has grown from 1,883 to 2,182 since 2022.

Plan summary
Net assets, end of year$1,326,774,381
Participants with balances3,361
Active participants2,182
Employer contributions$56,205,422
Employee contributions—
Employer contribution per active participant$25,759
Average account balance$394,756
Benefits paid to participants$59,915,449
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.3B · 3,361 accts · $56.2M emplr
2023$1.1B · 3,271 accts · $51.3M emplr
2022$934.6M · 2,805 accts · $48.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$156,072
Investment management$105,029
Total administrative$261,101
Employer contributions to the Harvard Med. Faculty Physicians at Beth Israel Deaconess Med. Ctr. Inc plan · 2024
Employer contribution per active participant$25,759
Median for plans this size$5,259
2024$25,759 per active participant
2023$25,334 per active participant
2022$25,566 per active participant

Harvard Med. Faculty Physicians at Beth Israel Deaconess Med. Ctr. Inc's 2024 employer contribution ran above the $5,259 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$157,472
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$105,029

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$261,101 · 0.02%
2023$303,145 · 0.03%
2022$335,158 · 0.03%
All plans at this employer2
HARVARD MEDICAL FACULTY PHYSICIANS AT BETH ISRAEL DEACONESS MEDICAL CENTER, INC. 401(K) SAVINGS AND INVESTMENT PLAN401(k)
HARVARD MEDICAL FACULTY PHYSICIANS AT BETH ISRAEL DEACONESS MEDICAL CENTER, INC. RETIREMENT PLAN403(b)
Same employer
Similar plansHealth Care & Social Assistance · Massachusetts
Boston Medical Center MA$1.7B · 0.07%
Baystate Health, Inc MA$1.4B · 0.07%
Cape Cod Healthcare MA$1.0B · 0.04%
Tufts Medicine, Inc. MA$991.9M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222768204 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.