Plan Ledger DOL Form 5500 · updated monthly

Robert F. Kennedy Community Alliance, Inc.403(b)

ROBERT F. KENNEDY COMMUNITY ALLIANCE 403(B) PLAN · LANCASTER, MA · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Robert F. Kennedy Community Alliance, Inc. reported $85,775 in plan administrative expenses for 2024: 0.32% of average plan assets, above the peer median. Employer contributions averaged $1,488 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 0.21% to 0.32%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other educational services employers. By assets it is the 1,051st-largest of 2,726 plans among Massachusetts employers on file, and the 1,328th of 3,091 in educational services. In 2024, employees put in $1.91 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$28,247,879
Participants with balances477
Active participants445
Employer contributions$661,944
Employee contributions$1,262,076
Employer contribution per active participant$1,488
Average account balance$59,220
Benefits paid to participants$2,218,615
Plan auditUnmodified (clean) audit opinion
AuditorLEONARD, MULHERIN & GREENE P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$28.2M · 477 accts · $662K emplr
2023$25.2M · 479 accts · $675K emplr
2022$21.7M · 475 accts · $934K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$43,045
Investment management$42,730
Total administrative$85,775
Employer contributions to the Robert F. Kennedy Community Alliance, Inc. plan · 2024
Employer contribution per active participant$1,488
Median for plans this size$2,416
2024$1,488 per active participant
2023$1,714 per active participant
2022$2,262 per active participant

Robert F. Kennedy Community Alliance, 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 · 20242
TIAA · Recordkeeping · Custodial$43,726
AEGIS RETIREMENT PARTNERS · Contract administrator · Pension consulting$42,730

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

Recordkeeper by year2
2024TIAA
2023TIAA

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

Administrative cost history3
2024$85,775 · 0.32%
2023$67,270 · 0.29%
2022$48,820 · 0.21%
Same employer
Similar plansEducational Services · Massachusetts
Clarke School for the Deaf MA$27.5M · 0.03%
Middlesex School MA$27.1M · 0.14%
Riverview School, Inc. MA$26.8M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042103834 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.