Plan Ledger DOL Form 5500 · updated monthly

Stonehill College403(b)

STONEHILL COLLEGE 403(B) RETIREMENT SAVINGS PLAN · NORTH EASTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Stonehill College reported $221,243 in plan administrative expenses for 2024: 0.10% of average plan assets, below the peer median. Employer contributions averaged $4,522 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 0.09% to 0.10%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other educational services employers. By assets it is the 223rd-largest of 2,726 plans among Massachusetts employers on file, and the 240th of 3,091 in educational services. In 2024, the employer put in $1.00 for every $1.00 employees contributed themselves; active participation has grown from 562 to 815 since 2022.

Plan summary
Net assets, end of year$239,866,999
Participants with balances1,094
Active participants815
Employer contributions$3,685,025
Employee contributions$3,668,964
Employer contribution per active participant$4,522
Average account balance$219,257
Benefits paid to participants$18,148,765
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$239.9M · 1,094 accts · $3.7M emplr
2023$225.2M · 1,096 accts · $2.9M emplr
2022$205.9M · 1,146 accts · $2.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$218,084
Total administrative$221,243
Employer contributions to the Stonehill College plan · 2024
Employer contribution per active participant$4,522
Median for plans this size$3,635
2024$4,522 per active participant
2023$3,699 per active participant
2022$4,849 per active participant

Stonehill College's 2024 employer contribution ran above the $3,635 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 · 20245
CAPFINANCIAL PARTNERS, LLC · Investment advisory (plan)$107,563
TIAA-TEACHERS INSURANCE AND ANNUITY · Plan administrator$85,422
CBIZ CPA'S PC · Accounting / audit$20,879
AXIOM GLOBAL · Legal$6,900

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$221,243 · 0.10%
2023$183,372 · 0.09%
2022$175,372 · 0.09%
Same employer
Similar plansEducational Services · Massachusetts
Emerson College MA$270.8M · 0.11%
Simmons University MA$269.5M · 0.05%
Springfield College MA$245.8M · 0.03%
Ef Services, Inc. MA$230.2M · 0.17%
Wheaton College MA$213.5M · 0.08%
Lesley University MA$196.0M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042104229 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.