Plan Ledger DOL Form 5500 · updated monthly

South Boston Community Health Center, Inc.Profit-sharing plan

SOUTH BOSTON COMMUNITY HEALTH CENTER 403(B) PLAN · SOUTH BOSTON, MA · plan year 2025

Reported admin expense ratio · 2025
0.70%

South Boston Community Health Center, Inc. reported $93,501 in plan administrative expenses for 2025: 0.70% of average plan assets, higher than ~90% of peers. 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 rose from 0.53% to 0.70%. 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 (1,568th of 2,726), and the 4,597th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$14,451,504
Participants with balances167
Active participants153
Employer contributions—
Employee contributions$653,460
Employer contribution per active participant—
Average account balance$86,536
Benefits paid to participants$470,488
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$14.5M · 167 accts
2024$12.2M · 155 accts · $646 emplr
2023$10.5M · 211 accts
2022$8.4M · 211 accts
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$92,517
Total administrative$93,501
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 · 20255
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$72,198
SOUTH BOSTON COMMUNITY · Accounting / audit$20,817
MORGAN STANLEY SMITH BARNEY LLC · Other servicesindirect comp
THE ANGELL PENSION GROUP, INC · Other servicesindirect comp

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

Recordkeeper by year2
2024Nationwide
2023Nationwide

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

Administrative cost history4
2025$93,501 · 0.70%
2024$72,870 · 0.64%
2023$54,052 · 0.57%
2022$49,266 · 0.53%
Same employer
Similar plansHealth Care & Social Assistance · Massachusetts
Springwell, Inc. MA$14.7M · 0.59%
Pediatrics West, P.C. MA$14.2M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042682152 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.