Plan Ledger DOL Form 5500 · updated monthly

Boyd Corporation Inc. (Woburn, Inc.)401(k)

BOYD CORPORATION INC. (WOBURN INC.) 401(K) PLAN · WOBURN, MA · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Boyd Corporation Inc. (Woburn, Inc.) reported $87,388 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $2,551 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 0.19% to 0.24%. 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 858th-largest of 2,726 plans among Massachusetts employers on file, and the 3,846th of 13,661 in manufacturing. In 2024, employees put in $2.39 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$37,737,014
Participants with balances368
Active participants265
Employer contributions$676,043
Employee contributions$1,617,935
Employer contribution per active participant$2,551
Average account balance$102,546
Benefits paid to participants$3,309,537
Plan auditUnmodified (clean) audit opinion
AuditorCLARK NUBER
Plan history3
Yearassets · accounts · employer contribution
2024$37.7M · 368 accts · $676K emplr
2023$34.5M · 353 accts · $751K emplr
2022$30.7M · 342 accts · $714K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$60,388
Audit (IQPA)$27,000
Total administrative$87,388
The Boyd Corporation Inc. (Woburn, Inc.) 401(k) match · 2024
Employer contribution per active participant$2,551
Median for plans this size$2,416
2024$2,551 per active participant
2023$2,911 per active participant
2022$2,927 per active participant

Boyd Corporation Inc. (Woburn, Inc.)'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 · 20242
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$60,429
CLARK NUBER PS · Accounting / audit · Consulting$27,000

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

Recordkeeper by year2
2024Transamerica
2023TRNSAMERICA RETIREMENT SOLUTIONS

This plan has changed recordkeepers within these filings. If you left Boyd Corporation Inc. (Woburn, Inc.) before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$87,388 · 0.24%
2023$66,786 · 0.21%
2022$65,043 · 0.19%
Similar plansManufacturing · Massachusetts
Anika Therapeutics, Inc. MA$38.9M · 0.08%
Lemaitre Vascular, Inc. MA$38.3M · 0.16%
Advanced Instruments, LLC MA$38.1M · 0.21%
Kayem Foods, Inc. MA$37.9M · 0.45%
Corza Medical Inc. MA$36.3M · 0.27%
Home Market Foods, Inc. MA$36.0M · 0.14%
Epic Enterprises, Inc. MA$35.7M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042761155 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.