Plan Ledger DOL Form 5500 · updated monthly

Ashworth Bros., Inc.401(k)

ASHWORTH BROS., INC. EMPLOYEE SAVINGS PLAN · FALL RIVER, MA · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Ashworth Bros., Inc. reported $11,410 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,766 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 0.048% to 0.053%. 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 1,225th-largest of 2,726 plans among Massachusetts employers on file, and the 5,552nd of 13,661 in manufacturing. In 2024, employees put in $2.75 for every $1.00 the employer contributed; active participation has grown from 145 to 164 since 2022.

Plan summary
Net assets, end of year$22,068,776
Participants with balances179
Active participants164
Employer contributions$289,597
Employee contributions$796,482
Employer contribution per active participant$1,766
Average account balance$123,289
Benefits paid to participants$3,262,809
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$22.1M · 179 accts · $290K emplr
2023$20.7M · 172 accts · $337K emplr
2022$19.7M · 183 accts · $293K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,044
Investment management$8,366
Total administrative$11,410
The Ashworth Bros., Inc. 401(k) match · 2024
Employer contribution per active participant$1,766
Median for plans this size$2,416
2024$1,766 per active participant
2023$2,499 per active participant
2022$2,022 per active participant

Ashworth Bros., 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 · 20242
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$8,366
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$3,044

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$11,410 · 0.05%
2023$13,556 · 0.07%
2022$10,517 · 0.05%
Same employer
Similar plansManufacturing · Massachusetts
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%
Synqor, Inc. MA$22.0M · 0.31%
Erving Industries, Inc. MA$21.9M · 0.09%
The Rockport Company LLC MA$21.5M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 320002391 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.