Plan Ledger DOL Form 5500 · updated monthly

Massachusetts Teachers Association401(k)

MASSACHUSETTS TEACHER ASSOCIATION 401(K) SAVINGS PLAN · QUINCY, MA · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Massachusetts Teachers Association reported $9,289 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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 0.08% to 0.05%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other educational services employers. By assets it is the 1,284th-largest of 2,726 plans among Massachusetts employers on file, and 1,579th of 3,091 in educational services. active participation has grown from 154 to 172 since 2022.

Plan summary
Net assets, end of year$20,564,253
Participants with balances144
Active participants172
Employer contributions$0
Employee contributions$1,552,707
Employer contribution per active participant$0
Average account balance$142,807
Benefits paid to participants$2,160,554
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$20.6M · 144 accts
2023$18.5M · 133 accts
2022$15.4M · 122 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,250
Investment management$6,039
Total administrative$9,289
The Massachusetts Teachers Association 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

Massachusetts Teachers Association's 2024 employer contribution ran below the $2,416 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
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$6,040
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$3,250

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$9,289 · 0.05%
2023$7,535 · 0.04%
2022$14,108 · 0.08%
Same employer
Similar plansEducational Services · Massachusetts
Shorelight, LLC MA$22.7M · 0.61%
The Pingree School, Inc. MA$22.0M · 0.38%
Miss Halls School, Inc. MA$20.1M · 0.19%
Cotting School, Inc. MA$19.6M · 0.00%
Bynder, LLC MA$18.0M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 041591200 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.