Plan Snapshot
- Plan Sponsor: Massachusetts Medical Society
- Sponsor EIN: 042050773
- Sponsor Address: 860 WINTER STREET, WALTHAM, MA, 024511411
- Plan Type: DB
- Total Participants: 134
- Total Assets: $140.9M
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. |
|---|---|---|---|---|
| 2024 | 134 | $140.9M | $6.4M | $0 |
| 2023 | 146 | $146.5M | $875,000 | $0 |
| 2022 | 157 | $144.5M | $2.5M | $0 |
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 |
|---|---|---|---|---|
| TOWERS PERRIN | Other Service Provider | $262,490 | — | $262,490 |
| BMO HARRIS BANK N.A. | Other Service Provider | $48,836 | — | $48,836 |
| MEKETA INVESTMENT GROUP INC. | Other Service Provider | $46,000 | — | $46,000 |
| FIRST EAGLE INVESTMENT MANAGEMENT L | Other Service Provider | $35,276 | — | $35,276 |
| STATE STREET GLOBAL ADVISORS TRUST | Other Service Provider | $10,000 | — | $10,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $402,602
- Estimated Expense Ratio: 0.286% 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 | $431,243 | $56,000 | — | — | — |
| 2023 | $514,178 | $230,739 | — | — | — |
| 2022 | $378,716 | — | — | — | $378,716 |