Plan Ledger DOL Form 5500 · updated monthly

Umass Memorial Healthalliance-Clinton Hospital, Inc403(b)

HEALTHALLIANCE PARTNERSHIP RETIREMENT SAVINGS PLAN · LEOMINSTER, MA · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Umass Memorial Healthalliance-Clinton Hospital, Inc reported $78,134 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $863 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 0.09% to 0.07%. 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 396th-largest of 2,726 plans among Massachusetts employers on file, and the 969th of 11,911 in health care & social assistance. In 2024, employees put in $3.27 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$116,682,610
Participants with balances1,877
Active participants1,555
Employer contributions$1,342,139
Employee contributions$4,393,504
Employer contribution per active participant$863
Average account balance$62,164
Benefits paid to participants$15,845,231
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$116.7M · 1,877 accts · $1.3M emplr
2023$111.0M · 1,852 accts · $1.3M emplr
2022$102.0M · 1,765 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$600
Audit (IQPA)$68,984
Trustee / custodial$3,182
Total administrative$78,134
Employer contributions to the Umass Memorial Healthalliance-Clinton Hospital, Inc plan · 2024
Employer contribution per active participant$863
Median for plans this size$3,635
2024$863 per active participant
2023$948 per active participant
2022$911 per active participant

Umass Memorial Healthalliance-Clinton 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 · 20243
FID INV INST OPS CO · Recordkeeping · Loan processing$69,584
FIDUCIENT ADVISORS LLC · Investment advisory (plan)$5,368
STRATEGIC ADVISORS, INC · Investment advisory (plan)$3,182

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

Recordkeeper by year2
2024Fidelity
2023Fidelity

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

Administrative cost history3
2024$78,134 · 0.07%
2023$95,031 · 0.09%
2022$106,446 · 0.09%
All plans at this employer2
CLINTON HOSPITAL ASSOCIATION TAX SHELTERED ANNUITY PLAN403(b)
HEALTHALLIANCE PARTNERSHIP RETIREMENT SAVINGS PLAN403(b)
Similar plansHealth Care & Social Assistance · Massachusetts
Commonwealth Care Alliance MA$128.4M · 0.15%
Alerislife, Inc. MA$128.3M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042103555 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.