Plan Ledger DOL Form 5500 · updated monthly

Bristol Elder Services, Inc.Profit-sharing plan

BRISTOL ELDER SERVICES, INC. RETIREMENT PLAN AND TRUST · FALL RIVER, MA · plan year 2024

Reported admin expense ratio · 2024
0.85%

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

Bristol Elder Services, Inc. reported $54,414 in plan administrative expenses for 2024: 0.85% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,172 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 0.96% to 0.85%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Massachusetts (2,164th of 2,726), and 6,963rd of 11,911 in health care & social assistance. active participation has grown from 119 to 133 since 2022.

Plan summary
Net assets, end of year$6,804,492
Participants with balances190
Active participants133
Employer contributions$421,885
Employee contributions$0
Employer contribution per active participant$3,172
Average account balance$35,813
Benefits paid to participants$599,673
Plan auditUnmodified (clean) audit opinion
AuditorDANIEL DENNIS & COMPANY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$6.8M · 190 accts · $422K emplr
2023$6.1M · 172 accts · $433K emplr
2022$5.2M · 156 accts · $362K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$54,414
Total administrative$54,414
Employer contributions to the Bristol Elder Services, Inc. plan · 2024
Employer contribution per active participant$3,172
Median for plans this size$1,313
2024$3,172 per active participant
2023$3,308 per active participant
2022$3,039 per active participant

Bristol Elder Services, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top quarter of its peers. 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
T ROWE PRICE · Investment management$28,798
MORGAN STANLEY SMITH BARNEY · Investment management$25,615

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$54,414 · 0.85%
2023$50,804 · 0.91%
2022$47,218 · 0.96%
Same employer
Similar plansHealth Care & Social Assistance · Massachusetts
Self Help Inc MA$6.9M · 0.43%
Guidewire, Inc. MA$6.9M · 0.68%
Connectrn Inc. MA$6.8M · 0.18%
Campus Child Care, Inc. MA$6.8M · 0.35%
Rcap Solutions, Inc. MA$6.6M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042545767 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.