Plan Ledger DOL Form 5500 · updated monthly

Massachusetts Medical Society401(k)

THE MASSACHUSETTS MEDICAL SOCIETY SAVINGS AND INVESTMENT PLAN · WALTHAM, MA · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Massachusetts Medical Society reported $137,754 in plan administrative expenses for 2024: 0.08% of average plan assets, below the peer median. Employer contributions averaged $8,543 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 0.09% to 0.08%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other information & media employers. By assets it is the 298th-largest of 2,726 plans among Massachusetts employers on file, and the 215th of 2,199 in information & media. In 2024, employees put in $1.59 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$173,532,113
Participants with balances602
Active participants448
Employer contributions$3,827,064
Employee contributions$6,087,621
Employer contribution per active participant$8,543
Average account balance$288,259
Benefits paid to participants$16,061,516
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$173.5M · 602 accts · $3.8M emplr
2023$158.9M · 615 accts · $3.5M emplr
2022$138.3M · 640 accts · $3.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$137,754
Total administrative$137,754
The Massachusetts Medical Society 401(k) match · 2024
Employer contribution per active participant$8,543
Median for plans this size$3,635
2024$8,543 per active participant
2023$7,701 per active participant
2022$7,311 per active participant

Massachusetts Medical Society'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 · 20241

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$137,754 · 0.08%
2023$132,373 · 0.09%
2022$140,987 · 0.09%
Same employer
Similar plansInformation & Media · Massachusetts
Dynatrace LLC MA$252.1M · 0.02%
Constant Contact, Inc. MA$142.0M · 0.09%
Cargurus, Inc. MA$138.4M · 0.14%
ADVISOR360 MA$96.6M

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 042050773 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.