Plan Ledger DOL Form 5500 · updated monthly

Saint Francis House, Inc.403(b)

SAINT FRANCIS HOUSE, INC. 403(B) SAVINGS PLAN · BOSTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Saint Francis House, Inc. reported $5,742 in plan administrative expenses for 2024: 0.13% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,053 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 fell from 0.15% to 0.13%. 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 (2,314th of 2,726), and 7,922nd of 11,911 in health care & social assistance. In 2024, employees put in $1.86 for every $1.00 the employer contributed; active participation has grown from 116 to 141 since 2022.

Plan summary
Net assets, end of year$4,964,400
Participants with balances121
Active participants141
Employer contributions$289,409
Employee contributions$537,406
Employer contribution per active participant$2,053
Average account balance$41,028
Benefits paid to participants$573,761
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.0M · 121 accts · $289K emplr
2023$4.1M · 110 accts · $247K emplr
2022$3.4M · 107 accts · $235K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,742
Total administrative$5,742
Employer contributions to the Saint Francis House, Inc. plan · 2024
Employer contribution per active participant$2,053
Median for plans this size$1,313
2024$2,053 per active participant
2023$1,957 per active participant
2022$2,024 per active participant

Saint Francis House, Inc.'s 2024 employer contribution ran above the $1,313 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$5,742
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp

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$5,742 · 0.13%
2023$5,221 · 0.14%
2022$4,803 · 0.15%
Same employer
Similar plansHealth Care & Social Assistance · Massachusetts
New England Village, Inc. MA$5.4M · 0.02%
Victory Programs, Inc. MA$5.0M · 0.16%
Uhealthsolutions, Inc. MA$4.9M · 0.02%
18 Degrees, Inc. MA$4.7M · 0.06%
Fcp, Inc. MA$4.7M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222519129 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.