Plan Ledger DOL Form 5500 · updated monthly

Boston Brace International, Inc.401(k)

BOSTON BRACE INTERNATIONAL, INC. 401(K) PLAN · AVON, MA · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Boston Brace International, Inc. reported $74,891 in plan administrative expenses for 2024: 0.41% of average plan assets, above the peer median. Employer contributions averaged $1,643 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 0.45% to 0.41%. 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 the 1,245th-largest of 2,726 plans among Massachusetts employers on file, and the 5,676th of 13,661 in manufacturing. In 2024, employees put in $2.53 for every $1.00 the employer contributed; active participation has grown from 156 to 241 since 2022.

Plan summary
Net assets, end of year$21,374,799
Participants with balances264
Active participants241
Employer contributions$396,052
Employee contributions$1,000,727
Employer contribution per active participant$1,643
Average account balance$80,965
Benefits paid to participants$1,080,749
Plan auditUnmodified (clean) audit opinion
AuditorSULLIVAN AND FOLAN, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$21.4M · 264 accts · $396K emplr
2023$15.6M · 208 accts
2022$12.8M · 196 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$34,797
Investment management$40,094
Total administrative$74,891
The Boston Brace International, Inc. 401(k) match · 2024
Employer contribution per active participant$1,643
Median for plans this size$2,416

Boston Brace International, 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
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$40,094
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$34,797

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$74,891 · 0.41%
2023$61,256 · 0.43%
2022$62,246 · 0.45%
All plans at this employer2
BOSTON BRACE INTERNATIONAL, INC. 401(K) PLAN401(k)
BOSTON BRACE INTERNATIONAL, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansManufacturing · Massachusetts
Ashworth Bros., Inc. MA$22.1M · 0.05%
Synqor, Inc. MA$22.0M · 0.31%
Erving Industries, Inc. MA$21.9M · 0.09%
The Rockport Company LLC MA$21.5M · 0.20%
Interprint, Inc. MA$21.4M · 0.33%
Sun Gro Holdings Inc. MA$21.3M · 0.06%
Nova Ventures Group Corp. MA$21.2M · 0.01%
Krohne, Inc. MA$21.1M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043175021 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.