Plan Ledger DOL Form 5500 · updated monthly

Visiting Nurse Association of Boston Foundation, Inc.DC plan

403(B) THRIFT PLAN FOR EMPLOYEES OF VISITING NURSE ASSOCIATION OF BOSTON FOUNDATION, INC. · WORCESTER, MA · plan year 2023

Reported admin expense ratio · 2023
0.01%

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

Visiting Nurse Association of Boston Foundation, Inc. reported $2,865 in plan administrative expenses for 2023: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,584 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 3 years on file its reported administrative ratio has held roughly steady near 0.009%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 770th-largest of 2,726 plans among Massachusetts employers on file, and the 2,086th of 11,911 in health care & social assistance. In 2023, employees put in $2.02 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$43,598,182
Participants with balances306
Active participants192
Employer contributions$304,223
Employee contributions$613,420
Employer contribution per active participant$1,584
Average account balance$142,478
Benefits paid to participants$5,592,470
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$40.5M · 284 accts · $204K emplr
2023$43.6M · 306 accts · $304K emplr
2022$43.2M · 254 accts · $247K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$2,865
Total administrative$2,865
Employer contributions to the Visiting Nurse Association of Boston Foundation, Inc. plan · 2023
Employer contribution per active participant$1,584
Median for plans this size$2,440
2024$1,145 per active participant
2023$1,584 per active participant
2022$1,412 per active participant

Visiting Nurse Association of Boston Foundation, Inc.'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.

Service providers · 20231
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$2,865

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$3,890 · 0.01%
2023$2,865 · 0.01%
2022$4,335 · 0.01%
Similar plansHealth Care & Social Assistance · Massachusetts
Lfb USA, Inc. MA$42.3M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042105800 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.