Plan Ledger DOL Form 5500 · updated monthly

New England Interstate Water Pollution Control Commission403(b)

NEW ENGLAND INTERSTATE WATER POLLUTION CONTROL COMMISSION 403(B) TAX SHELTERED ANNUITY PLAN · LOWELL, MA · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

New England Interstate Water Pollution Control Commission reported $55,856 in plan administrative expenses for 2024: 0.32% of average plan assets, above the peer median. Employer contributions averaged $5,125 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 0.47% to 0.32%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Massachusetts (1,368th of 2,726), and the 1,108th of 3,341 in other services. In 2024, employees put in $1.13 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,689,039
Participants with balances167
Active participants123
Employer contributions$630,368
Employee contributions$709,502
Employer contribution per active participant$5,125
Average account balance$111,910
Benefits paid to participants$1,553,610
Plan auditDisclaimer of opinion
AuditorANSTISS & CO., P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$18.7M · 167 accts · $630K emplr
2023$16.7M · 166 accts · $530K emplr
2022$14.1M · 158 accts · $558K emplr
Administrative expenses, itemized · 2024
Investment management$55,856
Total administrative$55,856
Employer contributions to the New England Interstate Water Pollution Control Commission plan · 2024
Employer contribution per active participant$5,125
Median for plans this size$2,416
2024$5,125 per active participant
2023$4,340 per active participant
2022$4,893 per active participant

New England Interstate Water Pollution Control Commission's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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
NATIONWIDE TRUST COMPANY, FSB · Custodial · Investment advisory (participants)$41,186
PROACCOUNT · Investment advisory (participants)$12,889

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$55,856 · 0.32%
2023$79,468 · 0.52%
2022$76,319 · 0.47%
Similar plansOther Services · Massachusetts
Berkshire County Arc, Inc. MA$18.9M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 046004735 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.