Plan Ledger DOL Form 5500 · updated monthly

Baystate Pool Supplies, Inc.401(k)

BAYSTATE POOLS 401(K) PLAN · BILLERICA, MA · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Baystate Pool Supplies, Inc. reported $61,537 in plan administrative expenses for 2024: 0.43% of average plan assets, above the peer median. Employer contributions averaged $505 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 0.15% to 0.43%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Massachusetts (1,516th of 2,726), and 2,275th of 4,246 in wholesale trade. In 2024, employees put in $5.78 for every $1.00 the employer contributed; active participation has grown from 311 to 384 since 2022.

Plan summary
Net assets, end of year$15,904,080
Participants with balances274
Active participants384
Employer contributions$194,037
Employee contributions$1,120,788
Employer contribution per active participant$505
Average account balance$58,044
Benefits paid to participants$301,378
Plan auditUnmodified (clean) audit opinion
AuditorMURPHY GAUDREAU HOSKINSON, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$15.9M · 274 accts · $194K emplr
2023$12.9M · 198 accts · $173K emplr
2022$10.2M · 174 accts · $81K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,891
Investment management$38,646
Total administrative$61,537
The Baystate Pool Supplies, Inc. 401(k) match · 2024
Employer contribution per active participant$505
Median for plans this size$2,416
2024$505 per active participant
2023$464 per active participant
2022$261 per active participant

Baystate Pool Supplies, Inc.'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
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$35,368
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$22,891

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$61,537 · 0.43%
2023$47,793 · 0.41%
2022$15,182 · 0.15%
Same employer
Similar plansWholesale Trade · Massachusetts
Brewster Home Fashions, LLC MA$17.0M · 0.02%
Greene Rubber Company Inc MA$16.8M · 0.36%
Supply New England, Inc. MA$14.2M · 0.20%
Greenlight Biosciences Inc MA$14.1M · 0.00%
Monahan Products, LLC MA$13.7M · 0.77%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043098928 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.