Plan Ledger DOL Form 5500 · updated monthly

Barrett Distribution Centers, In401(k)

BARRETT DISTRIBUTION CENTERS, INC. 401(K) RETIREMENT PLAN · FRANKLIN, MA · plan year 2024

Reported admin expense ratio · 2024
0.47%

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

Barrett Distribution Centers, In reported $206,265 in plan administrative expenses for 2024: 0.47% of average plan assets, higher than ~75% of peers. Employer contributions averaged $852 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 0.63% to 0.47%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 731st-largest of 2,726 plans among Massachusetts employers on file, and the 395th of 2,677 in transportation & warehousing. In 2024, employees put in $4.06 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$47,279,979
Participants with balances1,423
Active participants1,431
Employer contributions$1,219,022
Employee contributions$4,945,267
Employer contribution per active participant$852
Average account balance$33,226
Benefits paid to participants$5,616,289
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$47.3M · 1,423 accts · $1.2M emplr
2023$41.0M · 1,669 accts · $1.6M emplr
2022$31.6M · 1,595 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$190,754
Investment management$15,511
Total administrative$206,265
The Barrett Distribution Centers, In 401(k) match · 2024
Employer contribution per active participant$852
Median for plans this size$2,416
2024$852 per active participant
2023$1,075 per active participant
2022$942 per active participant

Barrett Distribution Centers, In's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
ADP, INC. · Loan processing · Recordkeeping$190,754
GLOBAL RETIREMENT PARTNERS · Recordkeeping · Trustee$15,511

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

Recordkeeper by year2
2024ADP, GLOBAL RETIREMENT PARTNERS
2023ADP, GLOBAL RETIREMENT PARTNERS

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

Administrative cost history3
2024$206,265 · 0.47%
2023$156,210 · 0.43%
2022$191,295 · 0.63%
Same employer
Similar plansTransportation & Warehousing · Massachusetts
Grand Circle LLC MA$74.1M · 0.10%
Access Cig MA$66.6M · 0.37%
Cape Air/Nantucket Airlines MA$34.9M · 0.24%
Tri State Truck Center, LLC MA$32.7M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042233124 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.