Plan Snapshot
- Plan Sponsor: Tufts Medicine, INC.
- Sponsor EIN: 042374071
- Sponsor Address: 800 WASHINGTON STREET, BOX 860, BOSTON, MA, 021111526
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 0
- Total Assets: $245.5M
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 | 0 | $245.5M | $0 | $0 |
| 2023 | 0 | $193.9M | $0 | $0 |
| 2022 | 0 | $184.3M | $0 | $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 |
|---|---|---|---|---|
| NEW ENGLAND PENSION CONSULTANTS | Recordkeeper | $165,569 | — | $165,569 |
| INCOME RESEARCH & MANAGEMENT | Other Service Provider | $79,501 | — | $79,501 |
| THE BANK OF NEW YORK MELLON | Other Service Provider | $41,500 | — | $41,500 |
| STATE STREET GLOBAL ADVISORS | Other Service Provider | $17,824 | — | $17,824 |
| WELLINGTON TRUST COMPANY | Other Service Provider | $15,099 | — | $15,099 |
| WILLIS TOWERS WATSON LLC | Recordkeeper | $5,739 | — | $5,739 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NEW ENGLAND PENSION CONSULTANTS — Recordkeeper
- WILLIS TOWERS WATSON LLC — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $325,232
- Estimated Expense Ratio: 0.132% 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 | $326,032 | $284,532 | — | — | — |
| 2023 | $230,358 | $167,844 | — | $18,993 | — |
| 2022 | $359,321 | $359,321 | — | — | — |