Plan Ledger DOL Form 5500 · updated monthly

A.M.A. Nantucket, Inc.401(k)

A.M.A. NANTUCKET, INC. 401(K) PLAN · NANTUCKET, MA · plan year 2024

Reported admin expense ratio · 2024
0.54%

Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works

A.M.A. Nantucket, Inc. reported $74,328 in plan administrative expenses for 2024: 0.54% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,973 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.54%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Massachusetts (1,558th of 2,726), and the 1,935th of 5,215 in retail trade. In 2024, employees put in $2.93 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,693,576
Participants with balances151
Active participants133
Employer contributions$262,393
Employee contributions$768,659
Employer contribution per active participant$1,973
Average account balance$97,308
Benefits paid to participants$886,572
Plan auditUnmodified (clean) audit opinion
AuditorSANDERS WALSH & EATON, CPA'S LLC
Plan history3
Yearassets · accounts · employer contribution
2024$14.7M · 151 accts · $262K emplr
2023$12.9M · 147 accts · $258K emplr
2022$10.7M · 141 accts · $231K emplr
The A.M.A. Nantucket, Inc. 401(k) match · 2024
Employer contribution per active participant$1,973
Median for plans this size$2,416
2024$1,973 per active participant
2023$1,806 per active participant
2022$1,651 per active participant

A.M.A. Nantucket, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
MASSACHUSETTS MUTUAL LIFE · Investment advisory (plan)$47,664
EMPOWER ADVISORY GROUP, LLC · Investment management$6,297
THE ANGELL PENSION GROUP INC · Contract administratorindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$74,328 · 0.54%
2023$64,677 · 0.55%
2022$63,242 · 0.55%
Same employer
Similar plansRetail Trade · Massachusetts
Hingham Lumber Company Inc. MA$16.8M · 0.40%
Longs Jewelers, LTD MA$16.8M · 0.53%
Harr Motor Company MA$14.4M · 0.45%
Rocky's Hardware, Inc. MA$14.3M · 0.18%
Mhq, Inc. MA$14.1M · 0.35%
Amb & Rg Enterprises, LLC MA$13.7M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042994209 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.