Plan Ledger DOL Form 5500 · updated monthly

Whitehead Institute for Biomedical ResearchMoney purchase plan

RETIREMENT PLAN FOR EMPLOYEES OF WHITEHEAD INSTI- TUTE FOR BIOMEDICAL RESEARCH · CAMBRIDGE, MA · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Whitehead Institute for Biomedical Research reported $52,106 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,611 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 0.07% to 0.06%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other educational services employers. By assets it is the 428th-largest of 2,726 plans among Massachusetts employers on file, and the 537th of 3,091 in educational services.

Plan summary
Net assets, end of year$98,603,311
Participants with balances1,110
Active participants334
Employer contributions$2,542,218
Employee contributions—
Employer contribution per active participant$7,611
Average account balance$88,832
Benefits paid to participants$5,315,257
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$98.6M · 1,110 accts · $2.5M emplr
2023$88.8M · 1,097 accts · $2.3M emplr
2022$75.2M · 1,078 accts · $2.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$52,106
Total administrative$52,106
Employer contributions to the Whitehead Institute for Biomedical Research plan · 2024
Employer contribution per active participant$7,611
Median for plans this size$3,635
2024$7,611 per active participant
2023$7,362 per active participant
2022$7,149 per active participant

Whitehead Institute for Biomedical Research's 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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 · 20242
CAPFINANCIAL PARTNERS, LLC · Investment advisory (plan)$48,074
TIAA · Loan processing$1,658

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

Recordkeeper by year2
2024TIAA
2023TIAA

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

Administrative cost history3
2024$52,106 · 0.06%
2023$30,158 · 0.04%
2022$55,379 · 0.07%
All plans at this employer2
RETIREMENT PLAN FOR EMPLOYEES OF WHITEHEAD INSTI- TUTE FOR BIOMEDICAL RESEARCHMoney purchase plan
WHITEHEAD INSTITUTE FOR BIOMEDICAL RESEARCH 403B PLAN403(b)
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 061043412 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.