Plan Ledger DOL Form 5500 · updated monthly

Candlewick Press, Inc.401(k)

CANDLEWICK PRESS 401(K) PLAN · SOMERVILLE, MA · plan year 2023

Reported admin expense ratio · 2023
0.45%

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

Candlewick Press, Inc. reported $99,174 in plan administrative expenses for 2023: 0.45% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,670 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 0.44% to 0.38%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,159th-largest of 2,726 plans among Massachusetts employers on file, and the 5,283rd of 13,661 in manufacturing. In 2023, employees put in $5.35 for every $1.00 the employer contributed; active participation has shrunk from 144 to 125 since 2022.

Plan summary
Net assets, end of year$23,906,311
Participants with balances153
Active participants125
Employer contributions$208,743
Employee contributions$1,116,858
Employer contribution per active participant$1,670
Average account balance$156,250
Benefits paid to participants$973,652
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$22.7M · 152 accts
2023$23.9M · 153 accts · $209K emplr
2022$20.0M · 150 accts · $230K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$45,033
Investment management$54,141
Total administrative$99,174
The Candlewick Press, Inc. 401(k) match · 2023
Employer contribution per active participant$1,670
Median for plans this size$2,440
2023$1,670 per active participant
2022$1,595 per active participant

Candlewick Press, Inc.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
JOHN HANCOCK USA · Recordkeeping · Investment management$43,503
SENTINEL BENEFITS GROUP, INC. · Recordkeeping$1,530
SENTINEL PENSION ADVISORS · Investment advisory (participants)$54,141

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024John Hancock, Sentinel Group
2023John Hancock, Sentinel Group

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$88,947 · 0.38%
2023$99,174 · 0.45%
2022$94,372 · 0.44%
Same employer
Similar plansManufacturing · Massachusetts
Kirkwood Holdings, Inc. MA$25.6M · 0.10%
Hyde Group, Inc. MA$24.8M · 0.33%
Replimune Inc MA$23.6M · 0.69%
Triton Systems , Inc. MA$23.6M · 0.46%
Brox Industries, Inc. MA$23.4M · 0.27%
American Biltrite Inc. MA$23.1M · 0.02%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 043113974 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.