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: 560
- Total Participants: 6,778
- Total Assets: $281.1M
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 | 6,778 | $281.1M | $0 | $0 |
| 2024 | 5,236 | $225.7M | $1.6M | $11.7M |
| 2023 | 5,533 | $194.0M | $1.7M | $12.2M |
| 2022 | 5,019 | $164.7M | $1.3M | $11.7M |
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 |
|---|---|---|---|---|
| ALIGHT SOLUTIONS LLC | Recordkeeper | $516,760 | — | $516,760 |
| STATE STREET BANK & TRUST | Custodian / Trustee | $24,415 | — | $24,415 |
| ROPES AND GRAY | Other Service Provider | $10,806 | — | $10,806 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $551,981
- Estimated Expense Ratio: 0.196% 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 | $10,880,200 | — | — | — | — |
| 2024 | $487,789 | — | — | — | — |
| 2023 | $454,489 | — | — | — | — |
| 2022 | $401,953 | — | — | — | — |