Plan Ledger DOL Form 5500 · updated monthly

Massachusetts Society for the Prevention of Cruelty to Animals403(b)

MASSACHUSETTS SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS TAX SHELTERED ANNUITY PLAN · BOSTON, MA · plan year 2025

Reported admin expense ratio · 2025
0.13%

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

Massachusetts Society for the Prevention of Cruelty to Animals reported $123,284 in plan administrative expenses for 2025: 0.13% of average plan assets, above the peer median. Employer contributions averaged $3,345 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 3 years on file its reported administrative ratio rose from 0.12% to 0.13%. The plan sits in the $50M–$250M size bracket, benchmarked here against 605 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 413th-largest of 2,726 plans among Massachusetts employers on file, and the 1,054th of 11,911 in health care & social assistance. In 2025, employees put in $1.56 for every $1.00 the employer contributed; active participation has grown from 716 to 876 since 2022.

Plan summary
Net assets, end of year$105,541,503
Participants with balances1,307
Active participants876
Employer contributions$2,930,097
Employee contributions$4,584,412
Employer contribution per active participant$3,345
Average account balance$80,751
Benefits paid to participants$4,985,719
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$105.5M · 1,307 accts · $2.9M emplr
2024$87.5M · 1,273 accts · $2.6M emplr
2023$74.2M · 1,218 accts · $2.4M emplr
2022$57.9M · 1,168 accts · $2.1M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$105,824
Total administrative$123,284
Employer contributions to the Massachusetts Society for the Prevention of Cruelty to Animals plan · 2025
Employer contribution per active participant$3,345
Median for plans this size$4,093
2025$3,345 per active participant
2024$3,118 per active participant
2023$2,974 per active participant
2022$2,978 per active participant

Massachusetts Society for the Prevention of Cruelty to Animals's 2025 employer contribution ran below the $4,093 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20255
PRINCIPAL LIFE INSURANCE CO · Contract administrator · Loan processing$100,334
GALLAGHER FIDUCIARY · Investment advisory (plan)$16,907
THE ANGELL PENSION GROUP, INC. · Other servicesindirect comp
MORNINGSTAR INVESTMENT MANAGEMENT · Investment advisory (participants)indirect comp

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

Administrative cost history4
2025$123,284 · 0.13%
2024$131,542 · 0.16%
2023$121,526 · 0.18%
2022$77,052 · 0.12%
Same employer
Similar plansHealth Care & Social Assistance · Massachusetts
Alerislife, Inc. MA$128.3M · 0.45%
Benchmark Senior Living LLC MA$94.9M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042103597 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.