Plan Ledger DOL Form 5500 · updated monthly

American Biltrite Inc.401(k)

AMERICAN BILTRITE INC. SAVINGS AND INVESTMENT PLAN · WELLESLEY HILLS, MA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

American Biltrite Inc. reported $3,606 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,058 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 2 years on file its reported administrative ratio rose from 0.01% to 0.02%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,186th-largest of 2,726 plans among Massachusetts employers on file, and the 5,413th of 13,661 in manufacturing. In 2024, employees put in $2.42 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$23,070,383
Participants with balances119
Active participants98
Employer contributions$397,730
Employee contributions$962,715
Employer contribution per active participant$4,058
Average account balance$193,869
Benefits paid to participants$2,457,221
Plan auditUnmodified (clean) audit opinion
AuditorBOIVIN & ASSOCIATES, CPAS, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$23.1M · 119 accts · $398K emplr
2023$20.6M · 121 accts · $357K emplr
2022$17.5M · 123 accts · $350K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,606
Total administrative$3,606
The American Biltrite Inc. 401(k) match · 2024
Employer contribution per active participant$4,058
Median for plans this size$2,416
2024$4,058 per active participant
2023$3,680 per active participant
2022$3,498 per active participant

American Biltrite Inc.'s 2024 employer contribution ran above 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$3,606

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$3,606 · 0.02%
2023$2,619 · 0.01%
2022$1,595 · 0.01%
Same employer
Similar plansManufacturing · Massachusetts
Candlewick Press, Inc. MA$23.9M · 0.45%
Replimune Inc MA$23.6M · 0.69%
Triton Systems , Inc. MA$23.6M · 0.46%
Brox Industries, Inc. MA$23.4M · 0.27%
The Entwistle Company MA$22.7M · 0.02%
Fiba Technologies, Inc. MA$22.7M · 0.23%
Black Duck Software, Inc. MA$22.1M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 041701350 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.