Plan Ledger DOL Form 5500 · updated monthly

Jewish Vocational Service, Inc.403(b)

JEWISH VOCATIONAL SERVICE, INC. 403(B) PLAN · BOSTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.62%

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

Jewish Vocational Service, Inc. reported $24,679 in plan administrative expenses for 2024: 0.62% of average plan assets, above the peer median. Employer contributions averaged $770 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 0.89% to 0.62%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Massachusetts (2,386th of 2,726), and 2,442nd of 3,341 in other services. In 2024, employees put in $4.60 for every $1.00 the employer contributed; active participation has shrunk from 249 to 203 since 2022.

Plan summary
Net assets, end of year$4,193,457
Participants with balances261
Active participants203
Employer contributions$156,230
Employee contributions$718,093
Employer contribution per active participant$770
Average account balance$16,067
Benefits paid to participants$937,304
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.2M · 261 accts · $156K emplr
2023$3.7M · 275 accts · $160K emplr
2022$2.7M · 239 accts · $146K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,679
Total administrative$24,679
The Jewish Vocational Service, Inc. 401(k) match · 2024
Employer contribution per active participant$770
Median for plans this size$1,313
2024$770 per active participant
2023$669 per active participant
2022$588 per active participant

Jewish Vocational Service, 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$24,679
MSA FINANCIAL · Investment advisory (plan)indirect 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$24,679 · 0.62%
2023$29,254 · 0.92%
2022$23,515 · 0.89%
Same employer
Similar plansOther Services · Massachusetts
Curate Partners LLC MA$4.6M · 0.98%
Dependable Cleaners, Inc. MA$4.0M · 0.25%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 042104357 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.