Plan Ledger DOL Form 5500 · updated monthly

Acp Facility Services, Inc.401(k)

ACP FACILITY SERVICES, INC. 401(K) PROFIT SHARING PLAN · WOBURN, MA · plan year 2023

Reported admin expense ratio · 2023
1.11%

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

Acp Facility Services, Inc. reported $35,786 in plan administrative expenses for 2023: 1.11% of average plan assets, higher than ~75% of peers. Employer contributions averaged $283 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 1 year on file its reported administrative ratio rose from 0.82% to 1.11%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Massachusetts (2,446th of 2,726), and 1,660th of 2,534 in administrative & support services. In 2023, employees put in $6.22 for every $1.00 the employer contributed; active participation has shrunk from 419 to 215 since 2022.

Plan summary
Net assets, end of year$3,513,672
Participants with balances212
Active participants215
Employer contributions$60,912
Employee contributions$378,649
Employer contribution per active participant$283
Average account balance$16,574
Benefits paid to participants$279,868
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$3.5M · 212 accts · $61K emplr
2022$2.9M · 272 accts · $68K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$35,786
Total administrative$35,786
The Acp Facility Services, Inc. 401(k) match · 2023
Employer contribution per active participant$283
Median for plans this size$1,308
2023$283 per active participant
2022$163 per active participant

Acp Facility Services, Inc.'s 2023 employer contribution ran below the $1,308 median for plans its size, in the bottom quarter of its peers. 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$52,981
COMPASS 360, LLC · Accounting / audit · Investment advisory (plan)$22,237

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

Recordkeeper by year2
2024The Standard
2023The Standard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024Not separately reported
2023$35,786 · 1.11%
2022$25,540 · 0.82%
Similar plansAdministrative & Support Services · Massachusetts
Righthand Robotics, Inc. MA$3.6M · 0.14%
Citron Hygiene US Corp. MA$3.5M · 0.08%
Northeast Security, Inc. MA$3.3M · 1.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042947173 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.