Plan Ledger DOL Form 5500 · updated monthly

North Shore Community Action Programs, Inc.403(b)

NORTH SHORE COMMUNITY ACTION PROGRAMS, INC. 403(B) PLAN · PEABODY, MA · plan year 2022

Reported admin expense ratio · 2022
0.58%

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

North Shore Community Action Programs, Inc. reported $3,982 in plan administrative expenses for 2022: 0.58% of average plan assets, below the peer median. Employer contributions averaged $19 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Massachusetts (2,664th of 2,726), and 11,107th of 11,911 in health care & social assistance. In 2022, employees put in $89.99 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$760,966
Participants with balances63
Active participants80
Employer contributions$1,531
Employee contributions$137,780
Employer contribution per active participant$19
Average account balance$12,079
Benefits paid to participants$52,167
Plan auditUnmodified (clean) audit opinion
AuditorANSTISS & CO., P.C.
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$2,275
Investment management$1,707
Total administrative$3,982
Employer contributions to the North Shore Community Action Programs, Inc. plan · 2022
Employer contribution per active participant$19
Median for plans this size$331

North Shore Community Action Programs, Inc.'s 2022 employer contribution ran below the $331 median for plans its size, in the bottom 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$3,982 · 0.58%
Similar plansHealth Care & Social Assistance · Massachusetts
Vitra Health Inc. MA$804K · 0.44%
Embrace Incorporated MA$768K · 1.47%
Communitas, Inc. MA$765K · 1.08%
Turning Point, Inc. MA$529K · 1.92%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042385280 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.