Plan Ledger DOL Form 5500 · updated monthly

Bradford & Bigelow, Inc.401(k)

BRADFORD & BIGELOW, INC. 401(K) PLAN · NEWBURYPORT, MA · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Bradford & Bigelow, Inc. reported $48,576 in plan administrative expenses for 2024: 0.36% of average plan assets, above the peer median. Employer contributions averaged $1,397 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 0.38% to 0.36%. 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 (1,541st of 2,726), and 7,023rd of 13,661 in manufacturing. In 2024, employees put in $3.66 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,257,127
Participants with balances176
Active participants183
Employer contributions$255,741
Employee contributions$936,911
Employer contribution per active participant$1,397
Average account balance$86,688
Benefits paid to participants$678,417
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.3M · 176 accts · $256K emplr
2023$11.8M · 180 accts · $240K emplr
2022$9.0M · 155 accts · $217K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,675
Investment management$43,901
Total administrative$48,576
The Bradford & Bigelow, Inc. 401(k) match · 2024
Employer contribution per active participant$1,397
Median for plans this size$2,416
2024$1,397 per active participant
2023$1,267 per active participant
2022$1,260 per active participant

Bradford & Bigelow, 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 JONES · Investment advisory (plan)$43,901
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$4,675

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$48,576 · 0.36%
2023$37,324 · 0.36%
2022$39,507 · 0.38%
Same employer
Similar plansManufacturing · Massachusetts
Harpak-Ulma Packaging, LLC MA$16.0M · 0.34%
Microline Surgical, Inc. MA$15.8M · 0.04%
Nypro Inc MA$15.7M · 0.00%
Holt and Bugbee Company MA$15.3M · 0.02%
Lenco Industries, Inc. MA$15.0M · 0.81%
Desktop Labs Inc. MA$14.9M · 0.30%
Berkshire Corporation MA$14.6M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042057433 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.