Plan Ledger DOL Form 5500 · updated monthly

Northeast Health System, Inc.403(b)

NORTHEAST HEALTH SYSTEM 403(B) RETIREMENT PLAN · BURLINGTON, MA · plan year 2022

Reported admin expense ratio · 2022
0.09%

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

Northeast Health System, Inc. reported $162,382 in plan administrative expenses for 2022: 0.09% of average plan assets, below the peer median. Employer contributions averaged $261 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 $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other finance & insurance employers. By assets it is the 311th-largest of 2,726 plans among Massachusetts employers on file, and the 697th of 4,798 in finance & insurance. In 2022, employees put in $17.54 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$161,915,652
Participants with balances2,447
Active participants2,707
Employer contributions$706,008
Employee contributions$12,380,019
Employer contribution per active participant$261
Average account balance$66,169
Benefits paid to participants$17,004,212
Plan auditDisclaimer of opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $613K emplr
2022$161.9M · 2,447 accts · $706K emplr
Administrative expenses, itemized · 2022
Investment management$2,854
Total administrative$162,382
Employer contributions to the Northeast Health System, Inc. plan · 2022
Employer contribution per active participant$261
Median for plans this size$3,449

Northeast Health System, Inc.'s 2022 employer contribution ran below the $3,449 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 history2
2023Not separately reported
2022$162,382 · 0.09%
Similar plansFinance & Insurance · Massachusetts
Nepc, LLC MA$170.6M · 0.06%
Brookline Bancorp, Inc. MA$168.7M · 0.09%
Fallon Community Health Plan MA$167.2M · 0.13%
Arrowstreet Capital L.P. MA$164.7M · 0.03%
The Baupost Group, L.L.C. MA$156.2M · 0.00%
Berkshire Partners LLC MA$122.4M · 0.06%
Gordon Brothers Group, LLC MA$121.3M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043240453 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.