Plan Ledger DOL Form 5500 · updated monthly

Brattan Industries Incorporated401(k)

BRATTAN INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN · LITTLETON, MA · plan year 2024

Reported admin expense ratio · 2024
0.73%

Brattan Industries Incorporated reported $52,236 in plan administrative expenses for 2024: 0.73% of average plan assets, above the peer median. 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 0.28% to 0.73%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Massachusetts (2,063rd of 2,726), and 3,414th of 5,337 in construction.

Plan summary
Net assets, end of year$7,841,440
Participants with balances149
Active participants142
Employer contributions—
Employee contributions$974,956
Employer contribution per active participant—
Average account balance$52,627
Benefits paid to participants$640,834
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.8M · 149 accts
2023$6.5M · 170 accts · $163K emplr
2022$5.2M · 153 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,836
Audit (IQPA)$13,400
Total administrative$52,236
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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$38,835
STOWE AND DEGON LLC · Accounting / audit$13,400
RAYMOND JAMES FINANCIAL SERVICES · Investment advisory (plan)indirect 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$52,236 · 0.73%
2023$26,532 · 0.45%
2022$15,145 · 0.28%
Same employer
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Cape Associates, Inc. MA$10.0M · 0.71%
Sumco Eco-Contracting, LLC MA$10.0M · 0.62%
Lighthouse Masonry, Inc. MA$9.1M · 0.09%
Kaloutas Painting MA$7.8M · 0.74%
Rch Roofing Corporation MA$7.5M · 1.28%
Electrical Dynamics, Inc. MA$7.3M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161654848 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.