Plan Ledger DOL Form 5500 · updated monthly

The Society for the Preservation of New England Antiquities403(b)

THE SOCIETY FOR THE PRESERVATION OF NEW ENGLAND AN DEFINED CONTRIBUTION RETIREMENT PLAN · HAVERHILL, MA · plan year 2023

Reported admin expense ratio · 2023
0.14%

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

The Society for the Preservation of New England Antiquities reported $22,472 in plan administrative expenses for 2023: 0.14% of average plan assets, below the peer median. Employer contributions averaged $2,095 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 0.14% to 0.16%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is among the smaller plans on file in Massachusetts (1,430th of 2,726), and the 462nd of 1,311 in arts, entertainment & recreation. In 2023, employees put in $3.14 for every $1.00 the employer contributed; active participation has grown from 80 to 90 since 2022.

Plan summary
Net assets, end of year$17,536,665
Participants with balances250
Active participants90
Employer contributions$188,560
Employee contributions$592,571
Employer contribution per active participant$2,095
Average account balance$70,147
Benefits paid to participants$606,848
Plan auditUnmodified (clean) audit opinion
AuditorBOLLUS LYNCH, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$17.4M · 240 accts · $202K emplr
2023$17.5M · 250 accts · $189K emplr
2022$15.0M · 250 accts · $167K emplr
Administrative expenses, itemized · 2023
Investment management$22,472
Total administrative$22,472
Employer contributions to the The Society for the Preservation of New England Antiquities plan · 2023
Employer contribution per active participant$2,095
Median for plans this size$2,440
2024$2,040 per active participant
2023$2,095 per active participant
2022$2,086 per active participant

The Society for the Preservation of New England Antiquities's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$28,775 · 0.16%
2023$22,472 · 0.14%
2022$22,286 · 0.14%
Similar plansArts, Entertainment & Recreation · Massachusetts
New England Aquarium MA$22.1M · 0.03%
Boston Ballet MA$20.6M · 0.02%
The Country Club MA$18.1M · 0.31%
Old Sturbridge Inc. MA$15.3M · 0.00%
Hyannis Harbor Tours, Inc. MA$13.8M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042104937 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.