Plan Ledger DOL Form 5500 · updated monthly

Kennedy-Donovan Center, Inc.403(b)

KENNEDY-DONOVAN CENTER INC RETIREMENT SAVINGS PLAN · FOXBORO, MA · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

Kennedy-Donovan Center, Inc. reported $43,510 in plan administrative expenses for 2024: 0.48% of average plan assets, below the peer median. Employer contributions averaged $450 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 0.79% to 0.48%. 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 (1,917th of 2,726), and the 5,777th of 11,911 in health care & social assistance. In 2024, employees put in $3.33 for every $1.00 the employer contributed; active participation has grown from 352 to 432 since 2022.

Plan summary
Net assets, end of year$9,772,376
Participants with balances369
Active participants432
Employer contributions$194,466
Employee contributions$648,417
Employer contribution per active participant$450
Average account balance$26,483
Benefits paid to participants$458,804
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.8M · 369 accts · $194K emplr
2023$8.3M · 305 accts · $153K emplr
2022$7.0M · 302 accts · $128K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,512
Investment management$11,998
Total administrative$43,510
Employer contributions to the Kennedy-Donovan Center, Inc. plan · 2024
Employer contribution per active participant$450
Median for plans this size$1,313
2024$450 per active participant
2023$405 per active participant
2022$362 per active participant

Kennedy-Donovan Center, Inc.'s 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
ASCENSUS LLC · Loan processing · Recordkeeping$31,512
GLOBAL RETIREMENT PARTNERS · Investment advisory (plan)$11,998

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$43,510 · 0.48%
2023$45,723 · 0.60%
2022$51,368 · 0.79%
Same employer
Similar plansHealth Care & Social Assistance · Massachusetts
Pride Star Ems MA$10.0M · 0.55%
Enable, Inc. MA$9.9M · 1.55%
The Boston Home, Inc. MA$9.6M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042519028 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.