Plan Ledger DOL Form 5500 · updated monthly

Berkshire County Arc, Inc.403(b)

403(B) THRIFT PLAN OF BERKSHIRE COUNTY ARC, INC. · PITTSFIELD, MA · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Berkshire County Arc, Inc. reported $21,838 in plan administrative expenses for 2024: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,195 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 0.01% to 0.12%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 1,360th-largest of 2,726 plans among Massachusetts employers on file, and the 1,103rd of 3,341 in other services. In 2024, the employer put in $3.20 for every $1.00 employees contributed themselves; active participation has grown from 1,435 to 1,674 since 2022.

Plan summary
Net assets, end of year$18,859,592
Participants with balances989
Active participants1,674
Employer contributions$2,000,000
Employee contributions$625,523
Employer contribution per active participant$1,195
Average account balance$19,069
Benefits paid to participants$3,205,478
Plan auditUnmodified (clean) audit opinion
AuditorLOMBARDI & KEEGAN
Plan history3
Yearassets · accounts · employer contribution
2024$18.9M · 989 accts · $2.0M emplr
2023$18.2M · 1,024 accts · $2.4M emplr
2022$15.4M · 1,060 accts · $850K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,496
Total administrative$21,838
The Berkshire County Arc, Inc. 401(k) match · 2024
Employer contribution per active participant$1,195
Median for plans this size$2,416
2024$1,195 per active participant
2023$1,485 per active participant
2022$592 per active participant

Berkshire County Arc, 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 · 20241
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$11,496

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

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

Administrative cost history3
2024$21,838 · 0.12%
2023$10,741 · 0.06%
2022$1,751 · 0.01%
Same employer
Similar plansOther Services · Massachusetts

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Source: U.S. Department of Labor, Form 5500 series, EIN 042218928 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.