Plan Ledger DOL Form 5500 · updated monthly

Branded Management Group, Inc.401(k)

BRANDED MANAGEMENT GROUP 401(K) PLAN · WORCESTER, MA · plan year 2022

Employer contribution per participant · 2022
$365

Branded Management Group, Inc.'s 2022 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $221,885 across 41 participant accounts, with employer contributions averaging $365 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Massachusetts (2,700th of 2,726), and 2,428th of 2,534 in administrative & support services. In 2022, employees put in $1.91 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$221,885
Participants with balances41
Active participants213
Employer contributions$77,799
Employee contributions$148,447
Employer contribution per active participant$365
Average account balance$5,412
Plan auditUnmodified (clean) audit opinion
The Branded Management Group, Inc. 401(k) match · 2022
Employer contribution per active participant$365
Median for plans this size$331

Branded Management Group, Inc.'s 2022 employer contribution ran above the $331 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.

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Acorio LLC MA$502K · 0.09%
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Source: U.S. Department of Labor, Form 5500 series, EIN 464739968 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.