Plan Ledger DOL Form 5500 · updated monthly

Benevento Sand and Stone Corp.401(k)

BENEVENTO COMPANIES 401(K) PLAN · WILMINGTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Benevento Sand and Stone Corp. reported $8,340 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,623 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 0.06% to 0.07%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is among the smaller plans on file in Massachusetts (1,678th of 2,726), and 382nd of 612 in mining, oil & gas extraction. In 2024, employees put in $1.79 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,709,878
Participants with balances207
Active participants190
Employer contributions$498,291
Employee contributions$890,519
Employer contribution per active participant$2,623
Average account balance$61,400
Benefits paid to participants$558,204
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.7M · 207 accts · $498K emplr
2023$10.5M · 210 accts · $474K emplr
2022$8.2M · 224 accts · $395K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,340
Total administrative$8,340
The Benevento Sand and Stone Corp. 401(k) match · 2024
Employer contribution per active participant$2,623
Median for plans this size$2,416
2024$2,623 per active participant
2023$2,381 per active participant
2022$1,973 per active participant

Benevento Sand and Stone Corp.'s 2024 employer contribution ran above 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 · 20241
NEWPORT GROUP, INC. · Claims processing · Recordkeeping$8,340

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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

Administrative cost history3
2024$8,340 · 0.07%
2023$6,417 · 0.07%
2022$5,413 · 0.06%
Same employer
Similar plansMining, Oil & Gas Extraction · Massachusetts
S.M. Lorusso & Sons, Inc. MA$25.5M · 0.24%
Orion Pacific, Inc. TX$13.1M · 0.29%
Thyssen Mining Inc. CA$13.0M · 0.51%
Atlas Sand Company, LLC TX$13.0M · 0.47%
Aegsi Holdings LLC TX$12.7M · 0.52%
White Rock Oil & Gas, LLC TX$12.6M · 0.91%

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Source: U.S. Department of Labor, Form 5500 series, EIN 593765256 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.