Plan Ledger DOL Form 5500 · updated monthly

Outer Cape Health Services, Inc.403(b)

OUTER CAPE HEALTH SERVICES, INC. 403(B) PLAN · HARWICH PORT, MA · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Outer Cape Health Services, Inc. reported $37,071 in plan administrative expenses for 2024: 0.44% of average plan assets, below the peer median. Employer contributions averaged $539 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 rose from 0.01% to 0.44%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Massachusetts (2,009th of 2,726), and 6,221st of 11,911 in health care & social assistance. In 2024, employees put in $6.35 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,568,457
Participants with balances154
Active participants208
Employer contributions$112,159
Employee contributions$712,523
Employer contribution per active participant$539
Average account balance$55,639
Benefits paid to participants$1,719,869
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.6M · 154 accts · $112K emplr
2023$8.4M · 158 accts · $125K emplr
2022$6.3M · 138 accts · $68K emplr
Administrative expenses, itemized · 2024
Investment management$37,071
Total administrative$37,071
Employer contributions to the Outer Cape Health Services, Inc. plan · 2024
Employer contribution per active participant$539
Median for plans this size$1,313
2024$539 per active participant
2023$587 per active participant
2022$326 per active participant

Outer Cape Health Services, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20243
THE HAYS FINANCIAL GROUP, LLC · Investment advisory (plan)$33,404
EMPOWER ADVISORY GROUP, LLC · Investment management$2,965

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$37,071 · 0.44%
2023$18,760 · 0.26%
2022$588 · 0.01%
Same employer
Similar plansHealth Care & Social Assistance · Massachusetts
Fall River Deaconess Home MA$8.7M · 0.02%
People, Incorporated MA$8.6M · 0.03%
Lifeworks, Inc. MA$8.3M · 0.02%
Gosnold, Inc. MA$8.3M · 0.88%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042509828 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.