Plan Ledger DOL Form 5500 · updated monthly

Sherrill House, Inc403(b)

SHERRILL HOUSE, INC. 403(B) RETIREMENT PLAN · BOSTON, MA · plan year 2025

Reported admin expense ratio · 2025
0.35%

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

Sherrill House, Inc reported $44,908 in plan administrative expenses for 2025: 0.35% of average plan assets, above the peer median. Employer contributions averaged $408 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 3 years on file its reported administrative ratio fell from 0.39% to 0.35%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Massachusetts (1,635th of 2,726), and the 4,862nd of 11,911 in health care & social assistance. In 2025, employees put in $7.92 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,246,399
Participants with balances178
Active participants218
Employer contributions$88,961
Employee contributions$704,480
Employer contribution per active participant$408
Average account balance$74,418
Benefits paid to participants$1,775,586
Plan auditDisclaimer of opinion
Plan history4
Yearassets · accounts · employer contribution
2025$13.2M · 178 accts · $89K emplr
2024$12.6M · 190 accts · $89K emplr
2023$11.1M · 200 accts · $78K emplr
2022$9.5M · 196 accts · $69K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$27,312
Investment management$17,596
Total administrative$44,908
Employer contributions to the Sherrill House, Inc plan · 2025
Employer contribution per active participant$408
Median for plans this size$2,666
2025$408 per active participant
2024$411 per active participant
2023$362 per active participant
2022$299 per active participant

Sherrill House, Inc's 2025 employer contribution ran below the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$27,311
ONEDIGITAL INVESTMENT ADVISORS · Investment advisory (plan)$17,596

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

Administrative cost history4
2025$44,908 · 0.35%
2024$44,711 · 0.38%
2023$40,568 · 0.39%
2022$41,687 · 0.39%
Same employer
Similar plansHealth Care & Social Assistance · Massachusetts
Psychemedics Corporation MA$13.5M · 0.04%
Fallon Service, Inc. MA$13.1M · 0.19%
Dimock Community Foundation MA$13.1M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042104321 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.