Plan Ledger DOL Form 5500 · updated monthly

Pine Street Inn, Inc.403(b)

PINE STREET INN, INC. RETIREMENT PLAN · BOSTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Pine Street Inn, Inc. reported $95,914 in plan administrative expenses for 2024: 0.38% of average plan assets, above the peer median. Employer contributions averaged $1,313 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 0.29% to 0.38%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,085th-largest of 2,726 plans among Massachusetts employers on file, and the 3,010th of 11,911 in health care & social assistance. In 2024, employees put in $2.08 for every $1.00 the employer contributed; active participation has grown from 520 to 605 since 2022.

Plan summary
Net assets, end of year$26,844,507
Participants with balances602
Active participants605
Employer contributions$794,395
Employee contributions$1,652,895
Employer contribution per active participant$1,313
Average account balance$44,592
Benefits paid to participants$1,598,154
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$26.8M · 602 accts · $794K emplr
2023$23.2M · 549 accts · $768K emplr
2022$20.5M · 638 accts · $596K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$79,668
Investment management$16,246
Total administrative$95,914
Employer contributions to the Pine Street Inn, Inc. plan · 2024
Employer contribution per active participant$1,313
Median for plans this size$2,416
2024$1,313 per active participant
2023$1,374 per active participant
2022$1,146 per active participant

Pine Street Inn, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size. 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
VOYA RETIREMENT INSURANCE & ANNUITY · Investment advisory (participants)$79,668
GLOBAL RETIREMENT PARTNERS, LLC$9,483
THE ANGELL PENSION GROUP, INC · Contract administrator$6,763

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$95,914 · 0.38%
2023$103,839 · 0.47%
2022$63,786 · 0.29%
Same employer
Similar plansHealth Care & Social Assistance · Massachusetts
Alliance Health, Inc. MA$28.7M · 0.03%
Wingate Senior Living, LLC MA$26.0M · 0.54%
Wingate Healthcare, Inc. MA$25.0M · 0.67%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042516093 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.