Plan Ledger DOL Form 5500 · updated monthly

Wayside Youth and Family Support Network, Inc.403(b)

WAYSIDE YOUTH & FAMILY SUPPORT NETWORK, INC. 403(B) PLAN · FRAMINGHAM, MA · plan year 2024

Reported admin expense ratio · 2024
0.76%

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

Wayside Youth and Family Support Network, Inc. reported $203,471 in plan administrative expenses for 2024: 0.76% of average plan assets, higher than ~90% of peers. Employer contributions averaged $873 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 0.763%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,049th-largest of 2,726 plans among Massachusetts employers on file, and the 2,901st of 11,911 in health care & social assistance. In 2024, employees put in $4.16 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$28,339,777
Participants with balances937
Active participants573
Employer contributions$500,473
Employee contributions$2,083,101
Employer contribution per active participant$873
Average account balance$30,245
Benefits paid to participants$2,381,674
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$28.3M · 937 accts · $500K emplr
2023$25.0M · 836 accts · $512K emplr
2022$19.9M · 717 accts · $417K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$150,261
Investment management$52,960
Total administrative$203,471
Employer contributions to the Wayside Youth and Family Support Network, Inc. plan · 2024
Employer contribution per active participant$873
Median for plans this size$2,416
2024$873 per active participant
2023$904 per active participant
2022$798 per active participant

Wayside Youth and Family Support Network, Inc.'s 2024 employer contribution ran below the $2,416 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
CBIZ CPAS P.C.$15,251
GLOBAL RETIREMENT PARTNERS, LLC$15,000
THE ANGELL PENSION GROUP, INC.$6,135

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

Administrative cost history3
2024$203,471 · 0.76%
2023$181,258 · 0.81%
2022$162,535 · 0.76%
Same employer
Similar plansHealth Care & Social Assistance · Massachusetts
Skincare Physicians, Inc. MA$30.7M · 0.02%
Alliance Health, Inc. MA$28.7M · 0.03%
Pine Street Inn, Inc. MA$26.8M · 0.38%
Wingate Senior Living, LLC MA$26.0M · 0.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042630450 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.