Plan Ledger DOL Form 5500 · updated monthly

Management Sciences for Health, Inc.401(k)

MSH US PAYROLL 401(K) RETIREMENT PLAN · MEDFORD, MA · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Management Sciences for Health, Inc. reported $120,242 in plan administrative expenses for 2024: 0.12% of average plan assets, below the peer median. Employer contributions averaged $8,548 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 0.21% to 0.12%. 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 419th-largest of 2,726 plans among Massachusetts employers on file, and the 1,083rd of 11,911 in health care & social assistance. In 2024, employees put in $1.35 for every $1.00 the employer contributed; active participation has grown from 232 to 266 since 2022.

Plan summary
Net assets, end of year$102,484,386
Participants with balances593
Active participants266
Employer contributions$2,273,725
Employee contributions$3,066,650
Employer contribution per active participant$8,548
Average account balance$172,824
Benefits paid to participants$6,929,858
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$102.5M · 593 accts · $2.3M emplr
2023$91.3M · 644 accts · $1.9M emplr
2022$79.6M · 598 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$69,733
Investment management$50,509
Total administrative$120,242
The Management Sciences for Health, Inc. 401(k) match · 2024
Employer contribution per active participant$8,548
Median for plans this size$3,635
2024$8,548 per active participant
2023$7,367 per active participant
2022$6,838 per active participant

Management Sciences for Health, Inc.'s 2024 employer contribution ran above the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
GALLAGHER BENEFIT SERVICES INC DBA · Investment advisory (plan)$48,000
EMPOWER ADVISORY GROUP, LLC · Investment management$2,509

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$120,242 · 0.12%
2023$143,306 · 0.17%
2022$183,552 · 0.21%
Same employer
Similar plansHealth Care & Social Assistance · Massachusetts
Benchmark Senior Living LLC MA$94.9M · 0.48%
Everbridge, Inc. MA$92.5M · 0.21%
Heywood Hospital MA$88.2M · 0.18%
Prima Care, P.C. MA$86.8M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042482188 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.