Plan Ledger DOL Form 5500 · updated monthly

New England Law Boston403(b)

NEW ENGLAND LAW BOSTON DEFINED CONTRIBUTION RETIREMENT PLAN · BOSTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

New England Law Boston reported $33,198 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $10,026 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 0.06% to 0.04%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other educational services employers. By assets it is the 471st-largest of 2,726 plans among Massachusetts employers on file, and the 602nd of 3,091 in educational services. In 2024, the employer put in $1.19 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$86,976,893
Participants with balances292
Active participants85
Employer contributions$852,244
Employee contributions$714,475
Employer contribution per active participant$10,026
Average account balance$297,866
Benefits paid to participants$4,280,918
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$87.0M · 292 accts · $852K emplr
2023$79.7M · 276 accts · $818K emplr
2022$71.4M · 275 accts · $899K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,350
Investment management$22,848
Total administrative$33,198
Employer contributions to the New England Law Boston plan · 2024
Employer contribution per active participant$10,026
Median for plans this size$3,635
2024$10,026 per active participant
2023$10,901 per active participant
2022$10,702 per active participant

New England Law Boston's 2024 employer contribution ran above the $3,635 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
TIAA · Recordkeeping · Pension consulting$11,033
GLOBAL CAPITAL PARTNERS, LLC · Investment advisory (plan)$22,165

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

Recordkeeper by year2
2024TIAA
2023TIAA

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

Administrative cost history3
2024$33,198 · 0.04%
2023$26,844 · 0.04%
2022$45,259 · 0.06%
Same employer
Similar plansEducational Services · Massachusetts
Groton School MA$97.4M · 0.13%
Thayer Academy MA$90.5M · 0.05%
Year Up, Inc. MA$81.4M · 0.20%
New England Conservatory MA$78.3M · 0.03%
Tabor Academy MA$77.5M · 0.09%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 042152671 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.