Plan Ledger DOL Form 5500 · updated monthly

New England Inpatient Specialists, LLC401(k)

NEW ENGLAND INPATIENT SPECIALISTS, LLC EMPLOYEES SAVINGS TRUST · NORTH ANDOVER, MA · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

New England Inpatient Specialists, LLC reported $38,892 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $2,414 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 rose from 0.23% to 0.27%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Massachusetts (1,517th of 2,726), and the 4,330th of 11,911 in health care & social assistance. In 2024, employees put in $2.73 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,875,593
Participants with balances117
Active participants135
Employer contributions$325,873
Employee contributions$888,350
Employer contribution per active participant$2,414
Average account balance$135,689
Benefits paid to participants$559,440
Plan auditUnmodified (clean) audit opinion
AuditorLUTZ, SELIG & ZERONDA CPAS, L.L.P
Plan history3
Yearassets · accounts · employer contribution
2024$15.9M · 117 accts · $326K emplr
2023$13.3M · 115 accts · $316K emplr
2022$10.8M · 113 accts · $278K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,103
Investment management$25,789
Total administrative$38,892
The New England Inpatient Specialists, LLC 401(k) match · 2024
Employer contribution per active participant$2,414
Median for plans this size$2,416
2024$2,414 per active participant
2023$2,339 per active participant
2022$1,881 per active participant

New England Inpatient Specialists, LLC's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
THE VANGUARD GROUP, INC. · Recordkeeping · Loan processing$13,103
ZHANG FINANCIAL · Investment advisory (plan)$25,789

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$38,892 · 0.27%
2023$32,246 · 0.27%
2022$25,968 · 0.23%
Same employer
Similar plansHealth Care & Social Assistance · Massachusetts
Holyoke Health Center, Inc. MA$16.6M · 0.07%
Bridgewell, Incorporated MA$16.5M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 743154007 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.