Plan Snapshot
- Plan Sponsor: Marlborough Hospital
- Sponsor EIN: 042104693
- Sponsor Address: 157 UNION STREET, MARLBOROUGH, MA, 01752
- Plan Type: 403(b)
- Total Participants: 696
- Total Assets: $51.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: No
- Participant Loans: No
- 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 | 696 | $51.9M | $769,477 | $2.9M |
| 2023 | 724 | $48.1M | $703,295 | $2.6M |
| 2022 | 720 | $41.0M | $669,803 | $2.4M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $23,111 | — | $23,111 |
| COHNREZNICK LLP | AUDITOR | $4,700 | — | $4,700 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $27,811
- Estimated Expense Ratio: 0.054% 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 | $34,458 | $6,647 | — | $4,700 | — |
| 2023 | $48,137 | $4,427 | — | $20,500 | — |
| 2022 | $55,096 | $2,302 | — | — | $23,783 |