Employers › Mass General Brigham
Recordkeeping fees per participant · Consolidated 401(a) and 401(k) Program of Mass General Brigham and Member Organizations · plan year 2024
$5.70
Higher than 6% of the 1,697 plans $250M to 1B that report it.
= $56,224 / 9,856
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20260702112746NAL0014451521001, received 2026-07-02
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20260702112746NAL0014451521001, received 2026-07-02
Percentiles compare this plan with the Schedule H plans $250M to 1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-10-01 to 2025-09-30, filing received 2026-07-02.
Administrative expenses excluding investment management, per participant
$5.71
Higher than 4% of the 2,324 plans $250M to 1B that report it.
= $56,254 / 9,856
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20260702112746NAL0014451521001, received 2026-07-02
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20260702112746NAL0014451521001, received 2026-07-02
Administrative expenses per participant
$11.30
Higher than 4% of the 2,405 plans $250M to 1B that report it.
= $111,407 / 9,856
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20260702112746NAL0014451521001, received 2026-07-02
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20260702112746NAL0014451521001, received 2026-07-02
Administrative expenses as a share of assets
0.017%
Higher than 10% of the 2,407 plans $250M to 1B that report it.
= $111,407 / $645,200,306
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20260702112746NAL0014451521001, received 2026-07-02
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20260702112746NAL0014451521001, received 2026-07-02
Employer contributions per participant
$718
Higher than 5% of the 2,457 plans $250M to 1B that report it.
= $7,080,108 / 9,856
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20260702112746NAL0014451521001, received 2026-07-02
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20260702112746NAL0014451521001, received 2026-07-02
Employer share of total contributions
95.9%
Higher than 99% of the 2,459 plans $250M to 1B that report it.
= $7,080,108 / $7,385,153
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20260702112746NAL0014451521001, received 2026-07-02
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20260702112746NAL0014451521001, received 2026-07-02
Plan terms are not published in public filings.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2L · 2R participant brokerage window · 2S pre-approved plan document · 2T default investment (QDIA) · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20260702112746NAL0014451521001, received 2026-07-02
| Field | Value | Source |
|---|---|---|
| Plan sponsor | MASS GENERAL BRIGHAM INCORPORATED | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20260702112746NAL0014451521001, received 2026-07-02 |
| Plan name | CONSOLIDATED 401(A) AND 401(K) PROGRAM OF MASS GENERAL BRIGHAM AND MEMBER ORGANIZATIONS | Form 5500, line 1a; PLAN_NAME pos 16; filing 20260702112746NAL0014451521001, received 2026-07-02 |
| Sponsor EIN / plan number | 04-3230035 / 500 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20260702112746NAL0014451521001, received 2026-07-02 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20260702112746NAL0014451521001, received 2026-07-02 |
| Sponsor location | SOMERVILLE, MA | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20260702112746NAL0014451521001, received 2026-07-02 |
| Industry (business code) | 622000, Health care and social assistance | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20260702112746NAL0014451521001, received 2026-07-02 |
| Plan year | 2024-10-01 to 2025-09-30 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20260702112746NAL0014451521001, received 2026-07-02 |
| Filing received | 2026-07-02 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20260702112746NAL0014451521001, received 2026-07-02 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20260702112746NAL0014451521001, received 2026-07-02 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20260702112746NAL0014451521001, received 2026-07-02 |
| Participants, beginning of year | 10,028 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20260702112746NAL0014451521001, received 2026-07-02 |
| Active participants | 5,255 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20260702112746NAL0014451521001, received 2026-07-02 |
| Participants, end of year | 9,930 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20260702112746NAL0014451521001, received 2026-07-02 |
| Participants with an account balance | 9,856 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20260702112746NAL0014451521001, received 2026-07-02 |
| Total assets, beginning of year | $628,837,764 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20260702112746NAL0014451521001, received 2026-07-02 |
| Total assets, end of year | $645,200,306 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20260702112746NAL0014451521001, received 2026-07-02 |
| Net assets, end of year | $645,178,393 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20260702112746NAL0014451521001, received 2026-07-02 |
| Total income | $79,702,909 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20260702112746NAL0014451521001, received 2026-07-02 |
| Net income | $16,363,561 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20260702112746NAL0014451521001, received 2026-07-02 |
| Employer contributions | $7,080,108 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20260702112746NAL0014451521001, received 2026-07-02 |
| Other contributions (incl. rollovers) | $305,045 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20260702112746NAL0014451521001, received 2026-07-02 |
| Total contributions | $7,385,153 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20260702112746NAL0014451521001, received 2026-07-02 |
| Benefit payments | $63,227,941 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20260702112746NAL0014451521001, received 2026-07-02 |
| Total expenses (incl. benefit payments) | $63,339,348 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20260702112746NAL0014451521001, received 2026-07-02 |
| Total administrative expenses | $111,407 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20260702112746NAL0014451521001, received 2026-07-02 |
| Contract administrator fees | $30 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20260702112746NAL0014451521001, received 2026-07-02 |
| Recordkeeping fees | $56,224 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20260702112746NAL0014451521001, received 2026-07-02 |
| Investment advisory and management fees | $55,153 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20260702112746NAL0014451521001, received 2026-07-02 |
| Administrative expenses excluding investment management | $56,254 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20260702112746NAL0014451521001, received 2026-07-02 |
| Held in mutual funds | $539,103,538 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20260702112746NAL0014451521001, received 2026-07-02 |
| Independent auditor | WOLF & COMPANY, P.C. | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20260702112746NAL0014451521001, received 2026-07-02 |
Position = column in the DOL layout for form year 2024. Filing 20260702112746NAL0014451521001, received 2026-07-02.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | RECORDKEEPER | 16 Consulting (general); 37 Participant loan processing; 64 Recordkeeping fees; 65 Account maintenance fees; 71 Securities brokerage commissions and fees | $112,190 | yes |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20260702112746NAL0014451521001, received 2026-07-02.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $628,837,764 | $645,200,306 | 2.6% |
| Participants with a balance | 9,963 | 9,856 | -1.1% |
| Administrative expenses | $207,920 | $111,407 | -46.4% |
| Recordkeeping fees per participant | $14.61 | $5.70 | -61.0% |
| Employer contributions | $5,185,002 | $7,080,108 | 36.5% |
Prior filing 20250502145139NAL0003268579001, received 2025-05-02; the plan years are contiguous.
Sponsor name as filed: MASS GENERAL BRIGHAM INCORPORATED; SEC registrant: Mass General Brigham, Inc (CIK 1678378, matched by EIN).