Trustees of Boston College 401(k) Review & Grade
The Boston College 401(k) Retirement Plan II
Chestnut Hill, MAEducational Services2,300 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$8,403Employer $ per active participant
$1,866Employee $ saved per active participant
0.02%Direct admin cost, % of plan assets
$599.9MNet plan assets, end of year
$161,821Average balance per account
Score breakdown
- Employer generosity49.3 / 5099th percentile for employer $ per participant
- Low cost24.0 / 2596th percentile for low admin cost vs. same-size plans
- Employee saving4.5 / 1530th percentile for employee $ per participant
- Plan features0 / 10No auto-enrollment or default investment reported
Total score78 / 100 · Grade A
This plan vs. peers
Peers: Educational Services plans with 500–2,499 active participants (144 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 99th |
| Lower admin cost | 96th |
| Employee saving | 30th |
| Peers that auto-enroll | 37% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Trustees of Boston College put in about $8,403 per active participant, more than the typical peer ($1,225). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $19,332,106 |
| Participant (employee) contributions | $4,291,890 |
| Other contributions (incl. rollovers in) | $1,808,078 |
| Administrative expenses paid from the plan | $96,435 |
| Benefits paid out | $22,528,780 |
| Net assets, start / end of year | $504.1M / $599.9M |
| Active participants, start / end of year | 2,228 / 2,373 |
| Participants with account balances | 3,707 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | RSM US LLP |
Largest service providers (Schedule C)
| Fidelity Inv. Inst. Op. Co., Inc. | $96,435 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015222149NAL0003051971001, received 2025-10-15, EIN 04-2103545, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.