Plan Ledger DOL Form 5500 · updated monthly

Hawthorn Medical Associates, LLC401(k)

HAWTHORN MEDICAL ASSOCIATES, LLC PROFIT SHARING PLAN · NORTH DARTMOUTH, MA · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Hawthorn Medical Associates, LLC reported $88,803 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $28,208 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 0.25% to 0.07%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 353rd-largest of 2,726 plans among Massachusetts employers on file, and the 852nd of 11,911 in health care & social assistance. In 2024, the employer put in $1.39 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$134,899,596
Participants with balances200
Active participants145
Employer contributions$4,090,167
Employee contributions$2,950,769
Employer contribution per active participant$28,208
Average account balance$674,498
Benefits paid to participants$16,633,546
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$134.9M · 200 accts · $4.1M emplr
2023$125.0M · 203 accts · $4.1M emplr
2022$106.0M · 197 accts · $3.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$54,363
Total administrative$88,803
The Hawthorn Medical Associates, LLC 401(k) match · 2024
Employer contribution per active participant$28,208
Median for plans this size$3,635
2024$28,208 per active participant
2023$27,379 per active participant
2022$25,167 per active participant

Hawthorn Medical Associates, LLC'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 · 20244
VOYA RETIREMENT INS ANNUITY COMPANY · Investment advisory (participants)$55,163
NATIONWIDE · Investment advisory (participants)$33,640
MORGAN STANLEY SMITH BARNEY LLCindirect comp
THE ANGELL PENSION GROUP, INC. · Other servicesindirect 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$88,803 · 0.07%
2023$303,604 · 0.26%
2022$292,209 · 0.25%
Same employer
Similar plansHealth Care & Social Assistance · Massachusetts
Hebrew Seniorlife, Inc. MA$159.7M · 0.20%
Lawrence General Hospital MA$144.3M · 0.12%
Organogenesis Inc. MA$143.9M · 0.03%
New England Baptist Hospital MA$139.3M · 0.09%
Commonwealth Care Alliance MA$128.4M · 0.15%
Alerislife, Inc. MA$128.3M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043436165 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.