Plan Ledger DOL Form 5500 · updated monthly

Holyoke Chicopee Springfield Head Start, Inc.403(b)

HOLYOKE CHICOPEE SPRINGFIELD HEAD START, INC. 403(B) RETIREMENT PLAN · SPRINGFIELD, MA · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Holyoke Chicopee Springfield Head Start, Inc. reported $30,515 in plan administrative expenses for 2024: 0.34% of average plan assets, below the peer median. Employer contributions averaged $1,219 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 rose from 0.25% to 0.34%. 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 (1,938th of 2,726), and the 5,849th of 11,911 in health care & social assistance. In 2024, employees put in $1.71 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,554,637
Participants with balances194
Active participants215
Employer contributions$262,112
Employee contributions$448,134
Employer contribution per active participant$1,219
Average account balance$49,251
Benefits paid to participants$1,016,186
Plan auditUnmodified (clean) audit opinion
AuditorMP P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$9.6M · 194 accts · $262K emplr
2023$8.6M · 198 accts · $245K emplr
2022$7.2M · 203 accts · $227K emplr
Employer contributions to the Holyoke Chicopee Springfield Head Start, Inc. plan · 2024
Employer contribution per active participant$1,219
Median for plans this size$1,313
2024$1,219 per active participant
2023$1,084 per active participant
2022$1,072 per active participant

Holyoke Chicopee Springfield Head Start, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size. 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
COMMONWEALTH FINANCIAL NETWORK$5,630

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$30,515 · 0.34%
2023$24,486 · 0.31%
2022$20,393 · 0.25%
Same employer
Similar plansHealth Care & Social Assistance · Massachusetts
The Boston Home, Inc. MA$9.6M · 0.04%
Health Imperatives, Inc. MA$9.5M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042466767 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.