Plan Snapshot
- Plan Sponsor: Beth Israel Lahey Health
- Sponsor EIN: 042103881
- Sponsor Address: 330 BROOKLINE AVENUE, BOSTON, MA, 022155400
- Plan Type: 403(b)
- Total Participants: 39,601
- Total Assets: $3.5B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 39,601 | $3.5B | $69.1M | $138.8M |
| 2023 | 33,591 | $2.4B | $3,419 | $17.6M |
| 2022 | 13,981 | $314.1M | $23,717 | $15.9M |
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 |
|---|---|---|---|---|
| CAPFINANCIAL PARTNERS LLC | CONSULTANT | $1,403,379 | — | $1,403,379 |
| FID INV INSTL OPS CO | RECORDKEEPER | $284,860 | — | $284,860 |
| STRATEGIC ADVISERS, INC | INV ADVISOR | $231,401 | — | $231,401 |
| BDO | AUDITOR | $185,222 | — | $185,222 |
| WILLIS TOWERS WATSON US LLC | CONSULTANT | $62,059 | — | $62,059 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FID INV INSTL OPS CO — RECORDKEEPER
- STRATEGIC ADVISERS, INC — INV ADVISOR
- BDO — AUDITOR
- WILLIS TOWERS WATSON US LLC — CONSULTANT
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,166,921
- Estimated Expense Ratio: 0.062% of plan assets
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 | $2,176,203 | $231,401 | $75,275 | $185,222 | — |
| 2023 | $222,443 | $83,955 | $98,980 | $14,500 | — |
| 2022 | $80,230 | $58,135 | — | — | — |