Plan Snapshot
- Plan Sponsor: Tufts Medicine, INC.
- Sponsor EIN: 472250732
- Sponsor Address: 800 DISTRICT AVE, STE 520, BURLINGTON, MA, 01803
- Plan Type: DB
- Total Participants: 669
- Total Assets: $219.8M
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. |
|---|---|---|---|---|
| 2024 | 669 | $219.8M | $867,303 | $0 |
| 2023 | 766 | $226.9M | $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 |
|---|---|---|---|---|
| WILLIS TOWERS WATSON US LLC | NONE | $785,752 | — | $785,752 |
| CBIZ CPAS P.C. | NONE | $47,125 | — | $47,125 |
| BANK OF NEW YORK MELLON | NONE | $20,621 | — | $20,621 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WILLIS TOWERS WATSON US LLC — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $853,498
- Estimated Expense Ratio: 0.388% 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 | $2,617,165 | — | — | $47,125 | — |
| 2023 | $937,279 | $66,944 | — | $32,419 | — |