Plan Ledger DOL Form 5500 · updated monthly

Capeway Roofing Systems, Inc.401(k)

CAPEWAY ROOFING SYSTEMS, INC. PROFIT SHARING PLAN · WESTPORT, MA · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

Capeway Roofing Systems, Inc. reported $27,600 in plan administrative expenses for 2024: 0.39% of average plan assets, below the peer median. Employer contributions averaged $11,044 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 0.87% to 0.39%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Massachusetts (2,133rd of 2,726), and 3,559th of 5,337 in construction. In 2024, the employer put in $6.18 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$7,147,171
Participants with balances106
Active participants96
Employer contributions$1,060,191
Employee contributions$171,683
Employer contribution per active participant$11,044
Average account balance$67,426
Benefits paid to participants$1,472,880
Plan auditUnmodified (clean) audit opinion
AuditorSANSIVERI KIMBALL & CO LLP
Plan history3
Yearassets · accounts · employer contribution
2024$7.1M · 106 accts · $1.1M emplr
2023$6.9M · 145 accts · $713K emplr
2022$6.1M · 146 accts · $473K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,600
Total administrative$27,600
The Capeway Roofing Systems, Inc. 401(k) match · 2024
Employer contribution per active participant$11,044
Median for plans this size$1,313
2024$11,044 per active participant
2023$8,698 per active participant
2022$5,317 per active participant

Capeway Roofing Systems, 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
COMPENSATION PLANNING INC. · Plan administrator · Recordkeeping$5,555
NATIONWIDE · Participant communication$14,979

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

Recordkeeper by year2
2024COMPENSATION PLANNING INC.
2023COMPENSATION PLANNING INC.

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Administrative cost history3
2024$27,600 · 0.39%
2023$57,840 · 0.89%
2022$58,566 · 0.87%
Similar plansConstruction · Massachusetts
Rch Roofing Corporation MA$7.5M · 1.28%
Electrical Dynamics, Inc. MA$7.3M · 0.13%
Premier Fence, LLC MA$6.5M · 0.58%
Sea-Dar Enterprises, Inc. MA$6.5M · 0.77%
Homeworks Energy Inc MA$6.4M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042899319 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.