Mount Auburn Hospital403(b)
THE RETIREMENTPLUS RETIREMENT PLAN FOR EMPLOYEES OF MOUNT AUBURN · CAMBRIDGE, MA · plan year 2023
Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works
Mount Auburn Hospital reported $157,170 in plan administrative expenses for 2023: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,948 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 1 year on file its reported administrative ratio fell from 0.04% to 0.03%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,601 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 103rd-largest of 2,726 plans among Massachusetts employers on file, and the 296th of 11,911 in health care & social assistance. In 2023, employees put in $1.49 for every $1.00 the employer contributed.
Mount Auburn Hospital's 2023 employer contribution ran below the $4,362 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.
Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 042103606 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.