Plan Ledger DOL Form 5500 · updated monthly

Behavioral Development & Educational Services, LLC401(k)

BEHAVIORAL DEVELOPMENT & EDUCATIONAL SERVICES, LLC RETIREMENT PLAN · NEW BEDFORD, MA · plan year 2023

Reported admin expense ratio · 2023
0.31%

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

Behavioral Development & Educational Services, LLC reported $20,721 in plan administrative expenses for 2023: 0.31% of average plan assets, below the peer median. Employer contributions averaged $1,634 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 0.29% to 0.56%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Massachusetts (2,128th of 2,726), and 6,780th of 11,911 in health care & social assistance. In 2023, employees put in $1.90 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,189,228
Participants with balances150
Active participants123
Employer contributions$201,013
Employee contributions$382,560
Employer contribution per active participant$1,634
Average account balance$47,928
Benefits paid to participants$528,487
Plan auditUnmodified (clean) audit opinion
AuditorCARON & BLETZER, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$4.8M · 56 accts · $135K emplr
2023$7.2M · 150 accts · $201K emplr
2022$6.1M · 153 accts · $188K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$19,271
Total administrative$20,721
The Behavioral Development & Educational Services, LLC 401(k) match · 2023
Employer contribution per active participant$1,634
Median for plans this size$1,308
2023$1,634 per active participant
2022$1,515 per active participant

Behavioral Development & Educational Services, LLC's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
JOHN HANCOCK USA · Recordkeeping · Investment management$916

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$33,240 · 0.56%
2023$20,721 · 0.31%
2022$18,917 · 0.29%
Same employer
Similar plansHealth Care & Social Assistance · Massachusetts
House Works LLC MA$7.2M · 0.63%
Tri-Valley, Inc. MA$7.2M · 0.37%
Glenmeadow, Inc. MA$7.2M · 0.78%
Mamary, Inc. MA$7.1M · 0.38%
Loomis House, Inc. MA$7.1M · 0.81%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043541063 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.