Plan Ledger DOL Form 5500 · updated monthly

Brady Sullivan Payroll Management, Inc.401(k)

BRADY SULLIVAN PAYROLL MANAGEMENT, INC. 401(K) PLAN · MANCHESTER, NH · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Brady Sullivan Payroll Management, Inc. reported $7,075 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,318 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 0.05% to 0.06%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in New Hampshire (234th of 411), and the 983rd of 2,096 in real estate & leasing. In 2024, employees put in $1.79 for every $1.00 the employer contributed; active participation has grown from 212 to 241 since 2022.

Plan summary
Net assets, end of year$12,127,622
Participants with balances141
Active participants241
Employer contributions$317,653
Employee contributions$569,900
Employer contribution per active participant$1,318
Average account balance$86,012
Benefits paid to participants$511,885
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.1M · 141 accts · $318K emplr
2023$10.3M · 175 accts · $300K emplr
2022$8.6M · 231 accts · $303K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,075
Total administrative$7,075
The Brady Sullivan Payroll Management, Inc. 401(k) match · 2024
Employer contribution per active participant$1,318
Median for plans this size$2,416
2024$1,318 per active participant
2023$1,284 per active participant
2022$1,430 per active participant

Brady Sullivan Payroll Management, 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 · 20241
NORTHWESTERN MUTUAL WEALTH MGT · Other servicesindirect comp

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$7,075 · 0.06%
2023$5,675 · 0.06%
2022$4,325 · 0.05%
Same employer
Similar plansReal Estate & Leasing · New Hampshire
Cmg Cit Acquisition LLC NH$29.4M · 0.34%
Landvest, Inc. NH$23.5M · 0.01%
Colwen Management, Inc. NH$16.3M · 0.36%
Traincroft, Inc. NH$2.4M · 0.93%

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Source: U.S. Department of Labor, Form 5500 series, EIN 020481897 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.