Retirement plan

DANA-FARBER CANCER INSTITUTE RETIREMENT PLAN

Name: DANA-FARBER CANCER INSTITUTE, INC. - DANA-FARBER CANCER INSTITUTE RETIREMENT PLAN (2024) Form 5500
Creator: DANA-FARBER CANCER INSTITUTE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DANA-FARBER CANCER INSTITUTE RETIREMENT PLAN, DANA-FARBER CANCER INSTITUTE, INC.

DANA-FARBER CANCER INSTITUTE, INC.EIN 04-2263040Plan #003PY 2024

450 BROOKLINE AVE - BOSTON, MA 022155418617-632-3052dana-farber.orgLinkedIn1001-5000 employeeshospital & health care

Other plans on this EIN

2 filings

#004Retirement-$869.5M assets #001Retirement-$34.5M assets

Prospect flagsNo flags tripped

Top hat statement on fileNQDC

Filed December 20, 2013 (most recent of 2 filings on file)

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

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Total assets (EOY)

$930.2M

-11.0% from 2016

Total participants

10,251

-7.4% from 2016

Average account balance

$93,982

-7.2% from 2016

Annual return

15.63%

-6.75 pp from 2016

Benchmarks

See 237 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants5,000-9,999

Cohort237 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$930.24M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$94K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

9,898

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

94.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$54.51M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+15.63%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$34

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

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Service providers

Top 7 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL7 years Service code 64 · EIN 04-2647786	Recordkeeping Fees	$140,809
STRATEGIC ADVISORS, INC.7 years Service code 27 · EIN 04-2654524	Advisory (Plan)	$85,087
CAPFINANCIAL PARTNERS LLC4 years Filed as: CAPFINANCIAL PARTNERS Service code 16 · EIN 26-0058143	Consulting	$32,500
DANA-FARBER CANCER INSTITUTE10+ years Service code 35 · EIN 04-2263040	Employee (plan sponsor); Direct payme...	$26,272
CARON & BLETZER, PLLC10+ years Service code 10 · EIN 04-3499945	Accounting	$25,025
TIAA9 years Service code 15 · EIN 13-1624203	Recordkeeping	$22,548
FID INV INST OPS CO10+ years Filed as: FID INV INSTITUTIONAL OPS CO. INC Service code 60	Sub-TA Fees	$0

Plan features & details

Pension benefit codes2A2E2F2G2T

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$332K

$55 / participant

Investment mgmt$118K35.4%
Contract admin$163K49.2%
Other / not subdivided$51K15.4%

% of EOY assets

0.036%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CARON & BLETZER PLLC
Auditor EIN: 043499945
Audit fees: $25,025
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$93,982

$68,110+38.0%

$155,556-39.6%

$99,313-5.4%

Participation rate

94.2%

67.8%+26.4pp

78.2%+15.9pp

71.7%+22.5pp

Annual return

15.63%

16.16%-0.5pp

64.84%-49.2pp

17.67%-2.0pp

Employer contribution / active EE

$9,027

$2,291+294.1%

$4,675+93.1%

$3,264+176.5%

Participant deferral / active EE

$3,865-100.0%

$5,631-100.0%

$5,346-100.0%

Admin fee / account holder

$34

$94-64.3%

$15,885-99.8%

$109-69.3%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL7 years

Service code 64 · EIN 04-2647786

Recordkeeping Fees

$140,809

STRATEGIC ADVISORS, INC.7 years

Service code 27 · EIN 04-2654524

Advisory (Plan)

$85,087

CAPFINANCIAL PARTNERS LLC4 years

Filed as: CAPFINANCIAL PARTNERS

Service code 16 · EIN 26-0058143

Consulting

$32,500

DANA-FARBER CANCER INSTITUTE10+ years

Service code 35 · EIN 04-2263040

Employee (plan sponsor); Direct payme...

$26,272

CARON & BLETZER, PLLC10+ years

Service code 10 · EIN 04-3499945

Accounting

$25,025

TIAA9 years

Service code 15 · EIN 13-1624203

Recordkeeping

$22,548

FID INV INST OPS CO10+ years

Filed as: FID INV INSTITUTIONAL OPS CO. INC

Service code 60

Sub-TA Fees

DANA-FARBER CANCER INSTITUTE RETIREMENT PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DANA-FARBER CANCER INSTITUTE RETIREMENT PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion