Plan Ledger DOL Form 5500 · updated monthly

Buckley Associates, Inc.401(k)

BUCKLEY ASSOCIATES, INC. 401(K) PROFIT SHARING PLAN · HANOVER, MA · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Buckley Associates, Inc. reported $128,191 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $12,151 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 0.47% to 0.26%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 695th-largest of 2,726 plans among Massachusetts employers on file, and the 798th of 4,246 in wholesale trade. In 2024, the employer put in $1.32 for every $1.00 employees contributed themselves; active participation has grown from 140 to 158 since 2022.

Plan summary
Net assets, end of year$51,448,191
Participants with balances206
Active participants158
Employer contributions$1,919,922
Employee contributions$1,456,714
Employer contribution per active participant$12,151
Average account balance$249,749
Benefits paid to participants$3,121,586
Plan auditUnmodified (clean) audit opinion
AuditorGRAY,GRAY&GRAY
Plan history3
Yearassets · accounts · employer contribution
2024$51.4M · 206 accts · $1.9M emplr
2023$45.3M · 174 accts · $1.7M emplr
2022$40.0M · 170 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,260
Investment management$91,129
Total administrative$128,191
The Buckley Associates, Inc. 401(k) match · 2024
Employer contribution per active participant$12,151
Median for plans this size$2,416
2024$12,151 per active participant
2023$12,302 per active participant
2022$8,579 per active participant

Buckley Associates, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20244
ONE CHARLES PRIVATE WEALTH LLC · Investment advisory (plan)$78,129
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$30,290
LEAFHOUSE FINANCIAL ADVISORS, LLC · Investment advisory (participants)$11,512

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$128,191 · 0.26%
2023$195,275 · 0.46%
2022$215,661 · 0.47%
All plans at this employer2
BUCKLEY ASSOCIATES, INC. 401(K) PROFIT SHARING PLAN401(k)
BUCKLEY ASSOCIATES, INC.401(k)
Same employer
Similar plansWholesale Trade · Massachusetts
Rochester Electronics, LLC MA$64.2M · 0.40%
North Atlantic Corp. MA$62.8M · 0.13%
Coghlin Companies, Inc. MA$57.7M · 0.27%
Brockway-Smith Company MA$47.1M · 0.14%
Plumbers' Supply Company MA$46.1M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042464258 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.