Plan Ledger DOL Form 5500 · updated monthly

Woburn Pediatric Associates401(k)

WOBURN PEDIATRIC ASSOCIATES SAVINGS PLAN · WOBURN, MA · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Woburn Pediatric Associates reported $600 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,051 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 0.002% to 0.002%. 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 937th-largest of 2,726 plans among Massachusetts employers on file, and the 2,560th of 11,911 in health care & social assistance. In 2024, employees put in $1.05 for every $1.00 the employer contributed; active participation has grown from 112 to 127 since 2022.

Plan summary
Net assets, end of year$33,386,203
Participants with balances132
Active participants127
Employer contributions$895,528
Employee contributions$937,043
Employer contribution per active participant$7,051
Average account balance$252,926
Benefits paid to participants$2,720,175
Plan auditUnmodified (clean) audit opinion
AuditorBOIVIN & ASSOCIATES, CPAS, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$33.4M · 132 accts · $896K emplr
2023$29.3M · 124 accts · $755K emplr
2022$23.1M · 124 accts · $816K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$600
Total administrative$600
The Woburn Pediatric Associates 401(k) match · 2024
Employer contribution per active participant$7,051
Median for plans this size$2,416
2024$7,051 per active participant
2023$6,862 per active participant
2022$7,287 per active participant

Woburn Pediatric Associates's 2024 employer contribution ran above the $2,416 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$600

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$600 · 0.00%
2023$800 · 0.00%
2022$550 · 0.00%
Similar plansHealth Care & Social Assistance · Massachusetts
Austen Riggs Center, Inc. MA$33.9M · 0.02%
Agespan, Inc. MA$33.5M · 0.03%
Franciscan Children's MA$32.6M · 0.02%
Editas Medicine, Inc. MA$32.2M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042468387 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.