Plan Ledger DOL Form 5500 · updated monthly

Volunteers of America of Massachusetts, Inc.403(b)

VOLUNTEERS OF AMERICA OF MASSACHUSETTS, INC. 403(B) PLAN · JAMAICA PLAIN, MA · plan year 2022

Reported admin expense ratio · 2022
0.18%

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

Volunteers of America of Massachusetts, Inc. reported $3,799 in plan administrative expenses for 2022: 0.18% of average plan assets, below the peer median. Employer contributions averaged $662 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Massachusetts (2,585th of 2,726), and 10,208th of 11,911 in health care & social assistance. In 2022, employees put in $1.45 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,814,924
Participants with balances60
Active participants152
Employer contributions$100,622
Employee contributions$146,108
Employer contribution per active participant$662
Average account balance$30,249
Benefits paid to participants$604,021
Plan auditUnmodified (clean) audit opinion
AuditorMAZARS USA LLP
Administrative expenses, itemized · 2022
Investment management$3,799
Total administrative$3,799
Employer contributions to the Volunteers of America of Massachusetts, Inc. plan · 2022
Employer contribution per active participant$662
Median for plans this size$1,114

Volunteers of America of Massachusetts, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$3,799 · 0.18%
Same employer
Similar plansHealth Care & Social Assistance · Massachusetts
Centerboard, Inc. MA$1.9M · 0.16%
Roca, Inc. MA$1.9M · 0.72%
Bridges Homeward, Inc. MA$1.8M · 0.74%

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Source: U.S. Department of Labor, Form 5500 series, EIN 046004304 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.