Plan Ledger DOL Form 5500 · updated monthly

The North East Educational and Developmental Supports Center, Inc.401(k)

403(B) THRIFT PLAN OF THE NORTH EAST EDUCATIONAL AND DEVELOPMENTAL SUPPORTS CENTER, INC. · TEWKSBURY, 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

The North East Educational and Developmental Supports Center, Inc. reported $7,334 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,027 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 0.01% to 0.10%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Massachusetts (2,001st of 2,726), and 6,195th of 11,911 in health care & social assistance. In 2024, employees put in $2.31 for every $1.00 the employer contributed; active participation has grown from 471 to 582 since 2022.

Plan summary
Net assets, end of year$8,639,413
Participants with balances532
Active participants582
Employer contributions$597,576
Employee contributions$1,379,527
Employer contribution per active participant$1,027
Average account balance$16,239
Benefits paid to participants$976,855
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.6M · 532 accts · $598K emplr
2023$6.7M · 618 accts · $489K emplr
2022$5.1M · 523 accts · $430K emplr
The The North East Educational and Developmental Supports Center, Inc. 401(k) match · 2024
Employer contribution per active participant$1,027
Median for plans this size$1,313
2024$1,027 per active participant
2023$816 per active participant
2022$913 per active participant

The North East Educational and Developmental Supports Center, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20241
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$10,251

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

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

Administrative cost history3
2024$7,334 · 0.10%
2023$8,145 · 0.14%
2022$540 · 0.01%
Same employer
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Fall River Deaconess Home MA$8.7M · 0.02%
People, Incorporated MA$8.6M · 0.03%
Lifeworks, Inc. MA$8.3M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 460759051 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.