Plan Snapshot
- Plan Sponsor: Lahey Clinic Foundation, INC.
- Sponsor EIN: 042323457
- Sponsor Address: 41 MALL ROAD, BURLINGTON, MA, 01805
- Plan Type: DC
- Total Participants: 0
- Total Assets: $0
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2023 | 0 | $0 | $46.6M | $61.3M |
| 2022 | 7,725 | $1.1B | $45.0M | $57.3M |
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 |
|---|---|---|---|---|
| BETH ISRAEL LAHEY HEALTH | CONSULTANT | $253,754 | — | $253,754 |
| NEPC,LLC | CONSULTANT | $21,648 | — | $21,648 |
| BDO USA, LLP | ACCOUNTANT/AUDITOR | $18,312 | — | $18,312 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $10,374 | — | $10,374 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NEPC,LLC — CONSULTANT
- BDO USA, LLP — ACCOUNTANT/AUDITOR
- STRATEGIC ADVISORS, INC. — ADVISOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $304,088
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 |
|---|---|---|---|---|---|
| 2023 | $574,390 | $51,628 | $900 | $25,327 | — |
| 2022 | $379,778 | $10,374 | — | — | — |