Plan Ledger DOL Form 5500 · updated monthly

Italian Home for Children, Inc401(k)

403(B) THRIFT PLAN FOR EMPLOYEES OF ITALIAN HOME FOR CHILDREN, INC. · JAMAICA PLAIN, MA · plan year 2022

Reported admin expense ratio · 2022
0.00%

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

Italian Home for Children, Inc reported $142 in plan administrative expenses for 2022: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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 0.00% to 0.03%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Massachusetts (2,423rd of 2,726), and 8,741st of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$3,730,894
Participants with balances139
Active participants230
Employer contributions$0
Employee contributions$247,595
Employer contribution per active participant$0
Average account balance$26,841
Benefits paid to participants$218,777
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.7M · 143 accts
2023$2.8M · 133 accts
2022$3.7M · 139 accts
The Italian Home for Children, Inc 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$1,114

Italian Home for Children, Inc's 2022 employer contribution ran below the $1,114 median for plans its size, in the bottom 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

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

Administrative cost history3
2024$938 · 0.03%
2023$742 · 0.03%
2022$142 · 0.00%
Same employer
Similar plansHealth Care & Social Assistance · Massachusetts
Delta Projects, Inc. MA$3.8M · 0.79%
Old Colony Hospice, Inc. MA$3.6M · 1.08%
Duffy Health Center, Inc. MA$3.6M · 0.71%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042103799 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.