Showa Boston Institute for Language and Culture, Inc403(b)
SHOWA BOSTON INSTITUTE FOR LANGUAGE AND CULTURE, INC. RETIREMENT SAVINGS PLAN · BOSTON, MA · plan year 2024
Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works
Showa Boston Institute for Language and Culture, Inc reported $8,124 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,846 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 0.048% to 0.051%. 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 among the smaller plans on file in Massachusetts (1,470th of 2,726), and 1,737th of 3,091 in educational services. In 2024, employees put in $1.38 for every $1.00 the employer contributed; active participation has shrunk from 113 to 94 since 2022.
Showa Boston Institute for Language and Culture, Inc's 2024 employer contribution ran above 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
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Source: U.S. Department of Labor, Form 5500 series, EIN 042966217 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.