Tufts Medical Center Retirement Medical Savings Account — Form 5500 plan (Tufts Medical Center, 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, Tufts Medical Center Retirement Medical Savings Account is a benefit plan reported by Tufts Medical Center, Inc. under EIN 04-3400617 and plan number 522. The latest loaded filing year is 2023. The filing reports 655 participants and $7,933,377 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$7.9MPlan net assets, end of year$7,933,377
Participants655Covered participants reported
Assets / participant$12.1KComputed: assets ÷ participants$12,112 (computed)
Provider compensationNone reported
Plan sponsor
Tufts Medical Center, Inc.
EIN
04-3400617
Plan number
522
Plan type
2
Location
Boston, MA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023655H20241015152910NAL0028935329001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$7.9M total assets
Net assets$7.9MLiabilities$0
Money in vs. money out
Total income / additions$1.4M
Total expenses$451.5K
Benefits paid / distributions$451.5K
Contributions
Employer$466.8K
Participant$660.5K
Full reported line items

Net assets

Total assets (EOY)
$7,933,377
Total liabilities (EOY)
$0
Net assets (EOY)
$7,933,377
Net assets (BOY)
$6,984,746

Income & contributions

Employer contributions
$466,812
Participant contributions
$660,501
Total contributions
$1,127,313
Total income / additions
$1,400,173

Expenses & distributions

Benefits paid
$451,542
Administrative expenses
$0
Total expenses
$451,542
Net increase / (decrease)
$948,631
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 41%Participant 59%
Total expenses ÷ net assets6%Computed ratio
Benefits paid ÷ total income32%Computed ratio

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages