Plan Ledger DOL Form 5500 · updated monthly

New England Baptist Hospital403(b)

NEW ENGLAND BAPTIST HOSPITAL 403(B) PLAN · BOSTON, MA · plan year 2022

Reported admin expense ratio · 2022
0.09%

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

New England Baptist Hospital reported $132,481 in plan administrative expenses for 2022: 0.09% of average plan assets, below the peer median. Employer contributions averaged $2,082 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 $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 349th-largest of 2,726 plans among Massachusetts employers on file, and the 833rd of 11,911 in health care & social assistance. In 2022, employees put in $2.18 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$139,275,140
Participants with balances1,970
Active participants1,331
Employer contributions$2,770,758
Employee contributions$6,047,854
Employer contribution per active participant$2,082
Average account balance$70,698
Benefits paid to participants$13,766,424
Plan auditDisclaimer of opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $3.0M emplr
2022$139.3M · 1,970 accts · $2.8M emplr
Administrative expenses, itemized · 2022
Investment management$26,043
Total administrative$132,481
Employer contributions to the New England Baptist Hospital plan · 2022
Employer contribution per active participant$2,082
Median for plans this size$3,449

New England Baptist Hospital's 2022 employer contribution ran below the $3,449 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$132,481 · 0.09%
Similar plansHealth Care & Social Assistance · Massachusetts
Hebrew Seniorlife, Inc. MA$159.7M · 0.20%
Lawrence General Hospital MA$144.3M · 0.12%
Organogenesis Inc. MA$143.9M · 0.03%
Commonwealth Care Alliance MA$128.4M · 0.15%
Alerislife, Inc. MA$128.3M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042103612 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.