Plan Ledger DOL Form 5500 · updated monthly

Associates of Cape Cod, Inc.401(k)

ASSOCIATES OF CAPE COD, INC. RETIREMENT SAVINGS PLAN · EAST FALMOUTH, MA · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Associates of Cape Cod, Inc. reported $63,113 in plan administrative expenses for 2024: 0.21% of average plan assets, below the peer median. Employer contributions averaged $4,457 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 fell from 0.28% to 0.21%. 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 961st-largest of 2,726 plans among Massachusetts employers on file, and the 4,289th of 13,661 in manufacturing. In 2024, employees put in $1.75 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$31,916,717
Participants with balances245
Active participants210
Employer contributions$935,978
Employee contributions$1,639,834
Employer contribution per active participant$4,457
Average account balance$130,272
Benefits paid to participants$1,485,084
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$31.9M · 245 accts · $936K emplr
2023$27.1M · 250 accts · $854K emplr
2022$23.3M · 236 accts · $839K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,944
Investment management$31,169
Total administrative$63,113
The Associates of Cape Cod, Inc. 401(k) match · 2024
Employer contribution per active participant$4,457
Median for plans this size$2,416
2024$4,457 per active participant
2023$4,065 per active participant
2022$3,763 per active participant

Associates of Cape Cod, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$31,944
BANK OF AMERICA N.A. · Investment advisory (plan)$31,169

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$63,113 · 0.21%
2023$63,227 · 0.25%
2022$71,429 · 0.28%
Same employer
Similar plansManufacturing · Massachusetts
Sirtex Medical, Inc. MA$32.4M · 0.38%
Partner Therapeutics, Inc. MA$32.4M · 0.02%
Lenze Americas Corporation MA$32.1M · 0.11%
Desktop Metal, Inc. MA$31.6M · 0.28%
Corium, LLC MA$31.0M · 0.19%
Ds Graphics, Inc. MA$30.4M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042541505 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.