Plan Snapshot
- Plan Sponsor: Baystate Health, INC
- Sponsor EIN: 042105941
- Sponsor Address: 280 CHESTNUT STREET, SPRINGFIELD, MA, 01199
- Plan Type: 401(k)
- Total Participants: 13,905
- Total Assets: $1.4B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 13,905 | $1.4B | $52.6M | $76.9M |
| 2023 | 13,531 | $1.2B | $48.4M | $72.5M |
| 2022 | 13,151 | $986.8M | $49.2M | $67.7M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| MEYERS BROTHERS KALICKA, P.C. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $930,506 | $99,789 | $5,700 | — | — |
| 2023 | $881,047 | $45,476 | $3,900 | — | — |
| 2022 | $836,803 | $4,941 | $346,544 | — | $111,473 |