Plan Ledger DOL Form 5500 · updated monthly

Brockway-Smith Company401(k)

BROCKWAY-SMITH COMPANY SAVINGS & INVESTMENT PLAN TRUST · ANDOVER, MA · plan year 2022

Reported admin expense ratio · 2022
0.14%

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

Brockway-Smith Company reported $73,616 in plan administrative expenses for 2022: 0.14% of average plan assets, above the peer median. Employer contributions averaged $4,653 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 0.14% to 0.01%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other wholesale trade employers. By assets it is the 732nd-largest of 2,726 plans among Massachusetts employers on file, and the 875th of 4,246 in wholesale trade. In 2022, employees put in $1.01 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$47,116,354
Participants with balances458
Active participants372
Employer contributions$1,731,013
Employee contributions$1,744,913
Employer contribution per active participant$4,653
Average account balance$102,874
Benefits paid to participants$7,479,162
Plan auditUnmodified (clean) audit opinion
AuditorPKF JND, PC
Plan history3
Yearassets · accounts · employer contribution
2024$863K · 15 accts
2023$10.8M · 157 accts · $1.8M emplr
2022$47.1M · 458 accts · $1.7M emplr
The Brockway-Smith Company 401(k) match · 2022
Employer contribution per active participant$4,653
Median for plans this size$3,449

Brockway-Smith Company's 2022 employer contribution ran above the $3,449 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$736 · 0.01%
2023$96,304 · 0.33%
2022$73,616 · 0.14%
All plans at this employer2
BROCKWAY-SMITH COMPANY EMPLOYEE STOCK OWNERSHIP PLAN & TRUSTESOP
BROCKWAY-SMITH COMPANY SAVINGS & INVESTMENT PLAN TRUST401(k)
Same employer
Similar plansWholesale Trade · Massachusetts
Coghlin Companies, Inc. MA$57.7M · 0.27%
Buckley Associates, Inc. MA$51.4M · 0.26%
Plumbers' Supply Company MA$46.1M · 0.34%
Boch Enterprises MA$42.3M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 041123740 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.