Plan Ledger DOL Form 5500 · updated monthly

Boston Sand & Gravel Company401(k)

RESTATED PROFIT SHARING PLAN & TRUST OF BOSTON SAND & GRAVEL COMPANY · BOSTON, MA · plan year 2022

Reported admin expense ratio · 2022
0.37%

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

Boston Sand & Gravel Company reported $53,273 in plan administrative expenses for 2022: 0.37% of average plan assets, above the peer median. Employer contributions averaged $5,645 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 0.37% to 0.45%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Massachusetts (1,672nd of 2,726), and 7,793rd of 13,661 in manufacturing. In 2022, the employer put in $1.06 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$12,777,477
Participants with balances98
Active participants62
Employer contributions$350,000
Employee contributions$331,451
Employer contribution per active participant$5,645
Average account balance$130,382
Benefits paid to participants$1,330,557
Plan auditUnmodified (clean) audit opinion
AuditorMAZARS USA LLP
Plan history3
Yearassets · accounts · employer contribution
2024$10.6M · 89 accts · $267K emplr
2023$10.9M · 106 accts · $450K emplr
2022$12.8M · 98 accts · $350K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$17,919
Investment management$35,354
Total administrative$53,273
The Boston Sand & Gravel Company 401(k) match · 2022
Employer contribution per active participant$5,645
Median for plans this size$2,266
2024$4,233 per active participant
2023$6,818 per active participant
2022$5,645 per active participant

Boston Sand & Gravel Company's 2022 employer contribution ran above the $2,266 median for plans its size, placing it in the top 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

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$48,672 · 0.45%
2023$44,188 · 0.37%
2022$53,273 · 0.37%
Similar plansManufacturing · Massachusetts
Cdf Corporation MA$13.1M · 0.28%
Ariston USA, LLC MA$13.0M · 0.51%
Lutco, Inc. MA$12.9M · 0.51%
Keystone Dental, Inc. MA$12.9M · 0.26%
J & E Precision Tool, LLC MA$12.8M · 0.48%
Pete's Tire Barn, Inc. MA$12.7M · 0.60%
Foghorn Therapeutics Inc MA$12.6M · 0.33%
Equal Exchange, Inc. MA$12.4M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 041107360 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.