Plan Ledger DOL Form 5500 · updated monthly

Whittier Street Health Center Committee, Inc.Money purchase plan

EMPLOYEE BENEFITS PLAN OF WHITTIER STREET HEALTH CENTER COMMITTEE, INC. · ROXBURY, MA · plan year 2024

Reported admin expense ratio · 2024
0.72%

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

Whittier Street Health Center Committee, Inc. reported $25,748 in plan administrative expenses for 2024: 0.72% of average plan assets, above the peer median. Employer contributions averaged $1,739 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 0.72%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Massachusetts (2,414th of 2,726), and 8,693rd of 11,911 in health care & social assistance. active participation has grown from 166 to 190 since 2022.

Plan summary
Net assets, end of year$3,794,334
Participants with balances268
Active participants190
Employer contributions$330,388
Employee contributions—
Employer contribution per active participant$1,739
Average account balance$14,158
Benefits paid to participants$177,392
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.8M · 268 accts · $330K emplr
2023$3.4M · 253 accts · $306K emplr
2022$2.9M · 249 accts · $287K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,748
Total administrative$25,748
Employer contributions to the Whittier Street Health Center Committee, Inc. plan · 2024
Employer contribution per active participant$1,739
Median for plans this size$1,313
2024$1,739 per active participant
2023$1,798 per active participant
2022$1,730 per active participant

Whittier Street Health Center Committee, Inc.'s 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$25,747
RISK PARADIGM GROUP, LLC · Investment advisory (plan)indirect comp

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$25,748 · 0.72%
2023$22,524 · 0.71%
2022$20,114 · 0.74%
All plans at this employer2
EMPLOYEE BENEFITS PLAN OF WHITTIER STREET HEALTH CENTER COMMITTEE, INC.Money purchase plan
WHITTIER STREET HEALTH CENTER 403(B) PLAN403(b)
Same employer
Similar plansHealth Care & Social Assistance · Massachusetts
Bear Hill Healthcare LLC MA$4.0M · 0.03%
Alpha Dental Center, PC MA$3.8M · 1.18%
Triumph, Inc. MA$3.8M · 0.25%
Delta Projects, Inc. MA$3.8M · 0.79%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042619517 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.