Plan Ledger DOL Form 5500 · updated monthly

Butcherbox Opco, LLC401(k)

BUTCHERBOX 401(K) PLAN · BRIGHTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.65%

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

Butcherbox Opco, LLC reported $127,652 in plan administrative expenses for 2024: 0.65% of average plan assets, higher than ~90% of peers. Employer contributions averaged $10,343 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 0.69% to 0.65%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,212th-largest of 2,726 plans among Massachusetts employers on file, and the 5,131st of 11,654 in professional & technical services. In 2024, employees put in $1.18 for every $1.00 the employer contributed; active participation has shrunk from 211 to 184 since 2022.

Plan summary
Net assets, end of year$22,481,796
Participants with balances262
Active participants184
Employer contributions$1,903,120
Employee contributions$2,243,355
Employer contribution per active participant$10,343
Average account balance$85,808
Benefits paid to participants$1,322,872
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$22.5M · 262 accts · $1.9M emplr
2023$16.8M · 260 accts · $2.1M emplr
2022$10.4M · 240 accts · $1.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$124,222
Total administrative$127,652
The Butcherbox Opco, LLC 401(k) match · 2024
Employer contribution per active participant$10,343
Median for plans this size$2,416
2024$10,343 per active participant
2023$10,728 per active participant
2022$8,323 per active participant

Butcherbox Opco, LLC'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
MERRILL LYNCH PIERCE FENNER & SMITH · Investment advisory (plan)$59,299
EMPOWER ADVISORY GROUP, LLC · Investment management$13,016
THE MANDMARBLESTONE GROUP LLC · Contract administrator$2,275

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$127,652 · 0.65%
2023$96,056 · 0.71%
2022$65,608 · 0.69%
Same employer
Similar plansProfessional & Technical Services · Massachusetts
Acronis, Inc. MA$22.9M · 0.50%
Design Communications, LTD. MA$22.9M · 0.45%
Scholar Rock Inc. MA$22.8M · 0.03%
Rhythm Pharmaceuticals Inc. MA$22.7M · 0.09%
Polygon US Corporation MA$22.2M · 0.10%
Izotope, Inc. MA$21.5M · 0.18%
Drift.com, Inc. MA$21.5M · 0.51%
Anaqua, Inc. MA$21.4M · 0.44%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 811450041 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.