Plan Ledger DOL Form 5500 · updated monthly

Health Imperatives, Inc.403(b)

HEALTH IMPERATIVES, INC. RETIREMENT SAVINGS PLAN · BROCKTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.25%

Health Imperatives, Inc. reported $21,994 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. 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 0.31% to 0.25%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Massachusetts (1,941st of 2,726), and the 5,883rd of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$9,467,332
Participants with balances194
Active participants158
Employer contributions—
Employee contributions$547,720
Employer contribution per active participant—
Average account balance$48,801
Benefits paid to participants$478,357
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.5M · 194 accts
2023$8.4M · 197 accts · $67K emplr
2022$7.5M · 258 accts · $120K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,994
Total administrative$21,994
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 · 20243
ROCKLAND TRUST · Investment advisory (plan)$24,460
ANGELL PENSION GROUP · Contract administrator$625

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$21,994 · 0.25%
2023$20,675 · 0.26%
2022$21,985 · 0.31%
Same employer
Similar plansHealth Care & Social Assistance · Massachusetts
The Boston Home, Inc. MA$9.6M · 0.04%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 042609177 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.