Plan Ledger DOL Form 5500 · updated monthly

Jumpstart for Young Children Inc401(k)

JUMPSTART FOR YOUNG CHILDREN, EMPLOYEES SAVINGS TRUST · BOSTON, MA · plan year 2023

Reported admin expense ratio · 2023
0.31%

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

Jumpstart for Young Children Inc reported $20,819 in plan administrative expenses for 2023: 0.31% of average plan assets, below the peer median. Employer contributions averaged $2,776 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 0.30% to 0.42%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Massachusetts (2,095th of 2,726), and 6,662nd of 11,911 in health care & social assistance. In 2023, employees put in $1.97 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,495,918
Participants with balances176
Active participants112
Employer contributions$310,960
Employee contributions$612,959
Employer contribution per active participant$2,776
Average account balance$42,590
Benefits paid to participants$426,177
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.5M · 166 accts · $224K emplr
2023$7.5M · 176 accts · $311K emplr
2022$5.9M · 172 accts · $255K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$1,375
Investment management$19,444
Total administrative$20,819
The Jumpstart for Young Children Inc 401(k) match · 2023
Employer contribution per active participant$2,776
Median for plans this size$1,308
2024$3,347 per active participant
2023$2,776 per active participant
2022$2,216 per active participant

Jumpstart for Young Children Inc's 2023 employer contribution ran above the $1,308 median for plans its size, placing it in the top 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
GLOBAL RETIREMENT PARTNERS · Recordkeeping · Trustee$19,444
ADP, INC. · Loan processing · Recordkeeping$1,375
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP, GLOBAL RETIREMENT PARTNERS
2023ADP, GLOBAL RETIREMENT PARTNERS

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

Administrative cost history3
2024$31,741 · 0.42%
2023$20,819 · 0.31%
2022$19,481 · 0.30%
Similar plansHealth Care & Social Assistance · Massachusetts
Lifepath, Inc. MA$7.6M · 0.51%
Linus Health, Inc. MA$7.6M · 0.69%
TCR2 Therapeutics, Inc. MA$7.5M · 0.02%
House Works LLC MA$7.2M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043262046 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.