Plan Ledger DOL Form 5500 · updated monthly

Bete Fog Nozzle, Inc.401(k)

BETE FOG NOZZLE, INC. RETIREMENT PROGRAM · GREENFIELD, MA · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Bete Fog Nozzle, Inc. reported $1,685 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,479 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 0.25% to 0.01%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Massachusetts (1,454th of 2,726), and the 6,591st of 13,661 in manufacturing. In 2024, employees put in $4.00 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,927,587
Participants with balances174
Active participants139
Employer contributions$205,600
Employee contributions$822,381
Employer contribution per active participant$1,479
Average account balance$97,285
Benefits paid to participants$2,736,376
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.9M · 174 accts · $206K emplr
2023$16.1M · 183 accts · $206K emplr
2022$13.6M · 182 accts · $188K emplr
Administrative expenses, itemized · 2024
Investment management$1,685
Total administrative$1,685
The Bete Fog Nozzle, Inc. 401(k) match · 2024
Employer contribution per active participant$1,479
Median for plans this size$2,416
2024$1,479 per active participant
2023$1,409 per active participant
2022$1,250 per active participant

Bete Fog Nozzle, Inc.'s 2024 employer contribution ran below 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 · 20242
EDWARD D JONES & CO LP · Investment advisory (plan)$1,685

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$1,685 · 0.01%
2023$36,601 · 0.25%
2022$38,485 · 0.25%
Same employer
Similar plansManufacturing · Massachusetts
Generation Bio Co. MA$17.4M · 0.02%
Demakes Enterprises, Inc. MA$17.4M · 0.12%
Zapp Precision Wire, Inc. MA$17.2M · 0.17%
The October Company, Inc. MA$16.3M · 0.35%
Rentschler Biopharma Inc. MA$16.3M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042081490 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.