Plan Ledger DOL Form 5500 · updated monthly

Springfield Anesthesia Service, Inc401(k)

SPRINGFIELD ANESTHESIA SERVICE, INC. 401(K) SAVINGS PLAN · WEST SPRINGFIELD, MA · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Springfield Anesthesia Service, Inc reported $32,465 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $161,548 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 0.07% to 0.04%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 493rd-largest of 2,726 plans among Massachusetts employers on file, and the 1,289th of 11,911 in health care & social assistance. In 2024, the employer put in $1.23 for every $1.00 employees contributed themselves; active participation has shrunk from 112 to 16 since 2022.

Plan summary
Net assets, end of year$80,343,580
Participants with balances125
Active participants16
Employer contributions$2,584,770
Employee contributions$2,102,769
Employer contribution per active participant$161,548
Average account balance$642,749
Benefits paid to participants$13,776,108
Plan history3
Yearassets · accounts · employer contribution
2024$80.3M · 125 accts · $2.6M emplr
2023$79.9M · 138 accts · $2.8M emplr
2022$65.8M · 139 accts · $5.3M emplr
The Springfield Anesthesia Service, Inc 401(k) match · 2024
Employer contribution per active participant$161,548
Median for plans this size$3,635
2024$161,548 per active participant
2023$27,999 per active participant
2022$47,080 per active participant

Springfield Anesthesia Service, Inc's 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
MERRILL LYNCH, PIERCE, FENNER AND S · Recordkeeping$212,821

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

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

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

Administrative cost history3
2024$32,465 · 0.04%
2023$33,944 · 0.05%
2022$50,032 · 0.07%
Same employer
Similar plansHealth Care & Social Assistance · Massachusetts
Heywood Hospital MA$88.2M · 0.18%
Prima Care, P.C. MA$86.8M · 0.46%
The May Institute, Inc. MA$85.0M · 0.28%
Vinfen Corporation MA$78.0M · 0.28%
Anna Jaques Hospital MA$75.2M · 0.21%
Healthcare South P.C. MA$73.9M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042390028 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.