Plan Ledger DOL Form 5500 · updated monthly

Joslin Diabetes Center Inc.403(b)

THE JOSLIN DIABETES CENTER, INC. DEFINED CONTRIBUTION RETIREMENT PLAN · BOSTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Joslin Diabetes Center Inc. reported $65,632 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,349 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 0.03% to 0.04%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 265th-largest of 2,726 plans among Massachusetts employers on file, and the 657th of 11,911 in health care & social assistance. In 2024, employees put in $2.03 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$193,124,739
Participants with balances1,293
Active participants382
Employer contributions$897,161
Employee contributions$1,818,325
Employer contribution per active participant$2,349
Average account balance$149,362
Benefits paid to participants$15,715,720
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$193.1M · 1,293 accts · $897K emplr
2023$180.6M · 1,301 accts · $965K emplr
2022$160.0M · 1,287 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,915
Investment management$45,117
Audit (IQPA)$13,600
Total administrative$65,632
Employer contributions to the Joslin Diabetes Center Inc. plan · 2024
Employer contribution per active participant$2,349
Median for plans this size$3,635
2024$2,349 per active participant
2023$2,616 per active participant
2022$2,605 per active participant

Joslin Diabetes Center Inc.'s 2024 employer contribution ran below the $3,635 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 · 20244
TIAA · Recordkeeping · Pension consulting$4,150
GALLAGHER FIDUCIARY SERVICES LLC · Investment advisory (plan)$37,500
CARON & BLETZER, PLLC · Accounting / audit$13,600

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

Recordkeeper by year2
2024TIAA
2023TIAA

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

Administrative cost history3
2024$65,632 · 0.04%
2023$55,828 · 0.03%
2022$55,515 · 0.03%
Similar plansHealth Care & Social Assistance · Massachusetts
Lowell General Hospital MA$206.6M · 0.10%
Emerson Health System, Inc. MA$183.2M · 0.12%
Hebrew Seniorlife, Inc. MA$159.7M · 0.20%
Lawrence General Hospital MA$144.3M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042203836 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.