Plan Ledger DOL Form 5500 · updated monthly

Catania-Spagna Corporation401(k)

CATANIA-SPAGNA CORPORATION PROFIT SHARING & 401(K) PLAN & TRUST · AYER, MA · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Catania-Spagna Corporation reported $25,712 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,217 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 0.16% to 0.10%. 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 1,102nd-largest of 2,726 plans among Massachusetts employers on file, and the 1,508th of 4,246 in wholesale trade. In 2024, employees put in $1.10 for every $1.00 the employer contributed; active participation has grown from 185 to 256 since 2022.

Plan summary
Net assets, end of year$26,291,362
Participants with balances240
Active participants256
Employer contributions$1,079,491
Employee contributions$1,187,113
Employer contribution per active participant$4,217
Average account balance$109,547
Benefits paid to participants$4,351,830
Plan auditUnmodified (clean) audit opinion
AuditorCLIFTONLARSONALLLEN LLP
Plan history3
Yearassets · accounts · employer contribution
2024$26.3M · 240 accts · $1.1M emplr
2023$24.9M · 217 accts · $730K emplr
2022$21.2M · 197 accts · $910K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,088
Trustee / custodial$12,059
Total administrative$25,712
The Catania-Spagna Corporation 401(k) match · 2024
Employer contribution per active participant$4,217
Median for plans this size$2,416
2024$4,217 per active participant
2023$3,492 per active participant
2022$4,919 per active participant

Catania-Spagna Corporation'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 · 20242
SENTINEL BENEFITS GROUP, INC. · Recordkeeping$13,088
NATIONAL FINANCIAL SERVICES LLC · Custodial (securities)$12,624

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

Recordkeeper by year2
2024Sentinel Group
2023Sentinel Group

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

Administrative cost history3
2024$25,712 · 0.10%
2023$17,738 · 0.08%
2022$36,945 · 0.16%
Same employer
Similar plansWholesale Trade · Massachusetts
The Dodge Company, Inc. MA$27.7M · 0.22%
Kraft Power Corporation MA$26.9M · 0.20%
Twins Enterprise, Inc. MA$26.8M · 0.33%
Rhode Island Novelty MA$24.7M · 0.13%
Asahi/America, Inc MA$24.1M · 0.08%
Pierce Aluminum Co., Inc. MA$23.6M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042056795 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.