Employer · plans filed under one EIN
Tufts Medical Center, Inc.
Boston, MA · Health care and social assistance
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances.
Tufts Medical Center, Inc., based in Boston, Massachusetts, sponsors 2 retirement plans with 100 or more participants: 2 defined contribution. Together they reported 3,443 participant records and $401M in net assets.
The largest is Tufts Medical Center, Inc. Retirement Savings Plan - 403(b), a 403(b) plan with 2,941 participants. A person can be counted in more than one plan, so the participant total is a count of records rather than of people.
Employer contributions across the plans were $5.5M and participant contributions $16.5M in the latest plan years; benefits paid were $40.7M. Schedule C compensation reported to service provider organisations totalled $371K.
Combined net assets moved from $262M in 2009 to $401M in 2024 (up 53%). Plan mergers and spin-offs show up here as steps in the series.
Plans
| Plan | Kind | Plan year | Participants | Net assets | Per participant | Employer / active | Sch. C compensation |
|---|---|---|---|---|---|---|---|
| Tufts Medical Center, Inc. Retirement Savings Plan - 403(b) | 403(b) plan | 2024 | 2,941 | $373M | $126,659 | $3,230 | $254K |
| Tufts Medical Center, Inc. Retirement Program - Participant Contribution Plan | profit-sharing plan | 2024 | 502 | $28.2M | $56,144 | — | $117K |
| US median, plan year 2024: DC plans $53,102 per participant, $2,175 employer contribution per active participant; DB plans $86,221 and $10,244. | |||||||
Trend by plan year
| Plan year | Plans | Participant records | Net assets | Employer contributions | Participant contributions |
|---|---|---|---|---|---|
| 2024 | 2 | 3,443 | $401M | $5.5M | $16.5M |
| 2023 | 2 | 4,071 | $364M | $8.7M | $30.4M |
| 2022 | 2 | 8,631 | $658M | $9.7M | $34.5M |
| 2021 | 2 | 8,473 | $811M | $9.4M | $32.5M |
| 2020 | 2 | 8,211 | $703M | $7.8M | $29.2M |
| 2019 | 2 | 7,943 | $594M | $7.1M | $27.0M |
| 2018 | 2 | 6,817 | $497M | $6.2M | $25.4M |
| 2017 | 2 | 6,528 | $532M | $3.9M | $23.1M |
| 2016 | 2 | 6,230 | $445M | $3.4M | $21.4M |
| 2015 | 2 | 6,060 | $420M | $3.4M | $20.4M |
| 2014 | 2 | 5,942 | $413M | $3.2M | $19.0M |
| 2013 | 2 | 5,846 | $386M | $3.2M | $18.7M |
| 2012 | 2 | 5,793 | $331M | $3.0M | $17.9M |
| 2011 | 2 | 5,934 | $300M | $2.9M | $17.4M |
| 2010 | 2 | 5,758 | $298M | $2.8M | $16.8M |
| 2009 | 2 | 8,195 | $262M | $2.8M | $16.5M |
History of the plans listed above, in the years each filed the full Form 5500 with 100 or more participants. Plans that have since terminated are not included.
Service providers
| Organisation | Services reported | Plans | Compensation reported |
|---|---|---|---|
| Willis Towers Watson LLC | Accounting (including auditing); Actuarial; Consulting (pension) | 2 | $125,480 |
| CBIZ CPAS P.C. | Custodial (securities); Consulting (pension) | 2 | $70,338 |
| Strategic Advisors, Inc. | Investment advisory (plan) | 1 | $58,029 |
| Fidelity Invsts Instl Oper Co., LLC. | Participant loan processing | 1 | $50,275 |
| Sage View Advisory Group, LLC | Investment advisory (plan) | 1 | $44,798 |
| Lincoln National Corporation | Investment management | 1 | $10,330 |
| Lion Street Advisors, LLC | Investment management | 1 | $10,000 |
| Lincoln National Corporation | Contract Administrator | 1 | $1,350 |
| Unum Life Ins. Co. of America | Recordkeeping and information management | 1 | $25 |
Organisations paid $5,000 or more by any of these plans, from Schedule C. Individuals are not shown.
Questions and answers
How many retirement plans does Tufts Medical Center, Inc. have?
2 plans with 100 or more participants filed Form 5500 under its employer identification number for the latest plan years: Tufts Medical Center, Inc. Retirement Savings Plan - 403(b) and Tufts Medical Center, Inc. Retirement Program - Participant Contribution Plan. Smaller plans and plans filed under a subsidiary's number are not grouped here.
How much does Tufts Medical Center, Inc. contribute to its plans?
$5,497,004 in employer contributions across these plans in their latest plan years, about $2,772 per active participant record. Form 5500 reports totals and not the match or accrual formula.
Who provides services to these plans?
Schedule C filings name Willis Towers Watson LLC, CBIZ CPAS P.C., Strategic Advisors, Inc. and Fidelity Invsts Instl Oper Co., LLC. and others. Only organisations paid $5,000 or more by a plan are listed on Schedule C.
Where does this come from?
Form 5500 annual reports filed with the Department of Labor's EFAST2 system, from the EBSA research files, with filings received through 24 Aug 2026. Figures are as filed and may be amended.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Plans are grouped by the sponsor's employer identification number exactly as filed; a company that files under several EINs appears as several employers. See the methodology and corrections.