Plan Ledger DOL Form 5500 · updated monthly

Sturdy Memorial Hospital, Inc.403(b)

STURDY MEMORIAL 403(B) PLAN · ATTLEBORO, MA · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Sturdy Memorial Hospital, Inc. reported $245,291 in plan administrative expenses for 2024: 0.12% of average plan assets, below the peer median. Employer contributions averaged $545 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 0.11% to 0.12%. 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 240th-largest of 2,726 plans among Massachusetts employers on file, and the 603rd of 11,911 in health care & social assistance. In 2024, employees put in $8.99 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$218,047,924
Participants with balances2,479
Active participants2,160
Employer contributions$1,177,428
Employee contributions$10,580,655
Employer contribution per active participant$545
Average account balance$87,958
Benefits paid to participants$14,640,889
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$218.0M · 2,479 accts · $1.2M emplr
2023$191.2M · 2,410 accts · $1.1M emplr
2022$165.3M · 2,223 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$76,463
Investment management$116,235
Total administrative$245,291
Employer contributions to the Sturdy Memorial Hospital, Inc. plan · 2024
Employer contribution per active participant$545
Median for plans this size$3,635
2024$545 per active participant
2023$529 per active participant
2022$499 per active participant

Sturdy Memorial Hospital, Inc.'s 2024 employer contribution ran below the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20245
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$97,117
FINANCIAL ENGINES · Investment advisory (plan)$91,353
PRIME BUCHHOLZ · Investment advisory (plan)$31,986
CARON & BLETZER, PLLC · Accounting / audit$11,800
SEGAL MARCO · Investment advisory (plan)$5,833

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$245,291 · 0.12%
2023$103,910 · 0.06%
2022$207,394 · 0.11%
Same employer
Similar plansHealth Care & Social Assistance · Massachusetts
Foundation Medicine, Inc. MA$241.6M · 0.03%
Winchester Hospital MA$236.6M · 0.06%
Lowell General Hospital MA$206.6M · 0.10%
Joslin Diabetes Center Inc. MA$193.1M · 0.04%
Emerson Health System, Inc. MA$183.2M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042768252 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.