Plan Ledger DOL Form 5500 · updated monthly

Northeast Arc, Inc.403(b)

NORTHEAST ARC 403(B)PLAN · DANVERS, MA · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Northeast Arc, Inc. reported $101,432 in plan administrative expenses for 2024: 0.42% of average plan assets, above the peer median. Employer contributions averaged $441 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 3 years on file its reported administrative ratio has held roughly steady near 0.42%. 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 the 1,120th-largest of 2,726 plans among Massachusetts employers on file, and the 851st of 3,341 in other services. In 2024, employees put in $10.28 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$25,522,054
Participants with balances631
Active participants353
Employer contributions$155,580
Employee contributions$1,599,438
Employer contribution per active participant$441
Average account balance$40,447
Benefits paid to participants$2,234,506
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$25.5M · 631 accts · $156K emplr
2023$23.0M · 593 accts · $136K emplr
2022$19.8M · 586 accts · $141K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$101,332
Total administrative$101,432
Employer contributions to the Northeast Arc, Inc. plan · 2024
Employer contribution per active participant$441
Median for plans this size$2,416
2024$441 per active participant
2023$438 per active participant
2022$429 per active participant

Northeast Arc, Inc.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
VOYA RETIREMENT INSURANCE & ANNUITY · Recordkeeping$101,432
ROCKLAND TRUST COindirect comp

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

Recordkeeper by year2
2024Voya
2023Voya

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

Administrative cost history3
2024$101,432 · 0.42%
2023$90,362 · 0.42%
2022$73,718 · 0.40%
Same employer
Similar plansOther Services · Massachusetts
Abel Womack, Inc. MA$29.7M · 0.02%
Ceres, Inc. MA$28.0M · 0.22%
Harrison Global, LLC MA$27.0M · 0.04%
Markforged, Inc MA$22.8M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042232416 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.