Plan Snapshot
- Plan Sponsor: Mass General Brigham Incorporated
- Sponsor EIN: 043230035
- Sponsor Address: 399 REVOLUTION DRIVE, SOMERVILLE, MA, 02145
- Plan Type: Health & Welfare
- Plan Number: 503
- Total Participants: 9,570
- Total Assets: $60.8M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 9,570 | $60.8M | $0 | $0 |
| 2024 | 4,407 | $59.7M | $12.3M | $2.4M |
| 2023 | 5,357 | $42.6M | $3.8M | $17.8M |
| 2022 | 5,281 | $39.5M | $2.8M | $16.5M |
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 |
|---|---|---|---|---|
| UNUM | Recordkeeper | $994,694 | — | $994,694 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $994,694
- Estimated Expense Ratio: 1.636% 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 |
|---|---|---|---|---|---|
| 2025 | $15,260,890 | — | — | — | — |
| 2024 | $1,341,212 | — | — | — | — |
| 2023 | $531,630 | — | — | — | — |
| 2022 | $519,251 | — | — | — | $519,251 |