Lahey Clinic 403(B) Retirement Savings Plan — Form 5500 plan (Lahey Clinic Foundation, Inc.)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Lahey Clinic 403(B) Retirement Savings Plan is a benefit plan reported by Lahey Clinic Foundation, Inc. under EIN 04-2323457 and plan number 002. The latest loaded filing year is 2023. The filing reports 10,515 participants and $0 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Lahey Clinic Foundation, Inc.
- EIN
- 04-2323457
- Plan number
- 002
- Plan type
- 2
- Location
- Burlington, MA
- Latest filing year
- 2023
- Participants
- 10,515
- End-of-year plan assets
- $0
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 10,515 | H, C | 20241015120347NAL0014566099001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $0
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $0
- Net assets (BOY)
- $1,104,266,299
Income & contributions
- Employer contributions
- $46,586,753
- Participant contributions
- $61,307,959
- Total contributions
- $115,507,877
- Total income / additions
- $304,528,687
Expenses & distributions
- Benefits paid
- $103,746,254
- Administrative expenses
- $574,390
- Total expenses
- $104,785,773
- Net increase / (decrease)
- $199,742,914
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Willis Towers Watson | CONSULTANT | $369,646 | not reported in the loaded dataset | 2023 |
| Strategic Advisors, Inc. | ADVISOR | $38,269 | not reported in the loaded dataset | 2023 |
| Nepc | CONSULTANT | $33,994 | not reported in the loaded dataset | 2023 |
| Bdo | ACCOUNTANT/AUDITOR | $25,327 | not reported in the loaded dataset | 2023 |
| Verrill | CONSULTANT | $10,126 | not reported in the loaded dataset | 2023 |
| Fidelity Investments Institutional | RECORDKEEPER | -$1,530,607 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Lahey Clinic Foundation, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in MA
- 401(k) and benefit plan filings in Burlington, MA
- Willis Towers Watson — Schedule C compensation
- Strategic Advisors, Inc. — Schedule C compensation
- Nepc — Schedule C compensation
- Bdo — Schedule C compensation
- Verrill — Schedule C compensation
- Fidelity Investments Institutional — Schedule C compensation