Plan Ledger DOL Form 5500 · updated monthly

Henry C. Nevins Home Inc.403(b)

HENRY C. NEVINS HOME INC.403(B) PLAN · METHUEN, MA · plan year 2024

Reported admin expense ratio · 2024
1.18%

Henry C. Nevins Home Inc. reported $33,940 in plan administrative expenses for 2024: 1.18% of average plan assets, higher than ~75% of peers. 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 rose from 1.10% to 1.18%. 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 (2,497th of 2,726), and 9,312th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$2,921,810
Participants with balances182
Active participants207
Employer contributions—
Employee contributions$200,301
Employer contribution per active participant—
Average account balance$16,054
Benefits paid to participants$287,809
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.9M · 182 accts
2023$2.8M · 161 accts
2022$2.9M · 113 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,940
Total administrative$33,940
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
LINCOLN RETIREMENT SERVICES COMPANY · Recordkeeping · Investment management$32,817
COMPASS RETIREMENT CONSULTING · Contract administrator$14,525
ROYAL ALLIANCE ASSOCIATES · Investment advisory (plan)$8,772

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

Recordkeeper by year2
2024Lincoln Financial
2023Lincoln Financial

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

Administrative cost history3
2024$33,940 · 1.18%
2023$29,590 · 1.05%
2022$32,132 · 1.10%
Same employer
Similar plansHealth Care & Social Assistance · Massachusetts
Holistic Industries Inc. MA$2.8M · 1.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042676008 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.