Plan Ledger DOL Form 5500 · updated monthly

Metro Health Foundation401(k)

403(B) THRIFT PLAN FOR EMPLOYEES OF METRO HEALTH FOUNDATION OF MASSACHUSETTS, INC. · BRAINTREE, MA · plan year 2022

Reported admin expense ratio · 2022
0.05%

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

Metro Health Foundation reported $764 in plan administrative expenses for 2022: 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Massachusetts (2,623rd of 2,726), and 10,577th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$1,367,881
Participants with balances90
Active participants106
Employer contributions$0
Employee contributions$56,049
Employer contribution per active participant$0
Average account balance$15,199
Benefits paid to participants$216,508
Plan auditUnmodified (clean) audit opinion
The Metro Health Foundation 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$1,114

Metro Health Foundation's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$764 · 0.05%
Similar plansHealth Care & Social Assistance · Massachusetts
Best of Care, Inc. MA$1.5M · 0.01%
Privatus Care Solutions MA$1.4M · 0.15%
Ei US LLC dba Learn Well MA$1.4M · 0.82%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582211053 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.