Plan Ledger DOL Form 5500 · updated monthly

Center for Applied Behavioral In401(k)

CENTER FOR APPLIED BEHAVIORAL INSTRUCTION 401(K) PLAN · WORCESTER, MA · plan year 2024

Reported admin expense ratio · 2024
0.58%

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

Center for Applied Behavioral In reported $14,543 in plan administrative expenses for 2024: 0.58% of average plan assets, above the peer median. Employer contributions averaged $993 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 rose from 0.54% to 0.58%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Massachusetts (2,508th of 2,726), and 2,762nd of 3,091 in educational services. In 2024, employees put in $1.81 for every $1.00 the employer contributed; active participation has grown from 107 to 158 since 2022.

Plan summary
Net assets, end of year$2,791,701
Participants with balances118
Active participants158
Employer contributions$156,953
Employee contributions$284,082
Employer contribution per active participant$993
Average account balance$23,658
Benefits paid to participants$203,220
Plan auditUnmodified (clean) audit opinion
AuditorLEONARD MULHERIN & GREENE PC
Plan history3
Yearassets · accounts · employer contribution
2024$2.8M · 118 accts · $157K emplr
2023$2.3M · 109 accts · $157K emplr
2022$1.7M · 118 accts · $187K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,762
Investment management$11,781
Total administrative$14,543
The Center for Applied Behavioral In 401(k) match · 2024
Employer contribution per active participant$993
Median for plans this size$1,313
2024$993 per active participant
2023$1,063 per active participant
2022$1,749 per active participant

Center for Applied Behavioral In's 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
SRPC, INC · Recordkeeping · Trustee$11,781
ADP, INC. · Loan processing · Recordkeeping$2,764
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP, SRPC, INC
2023ADP, SRPC, INC

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Administrative cost history3
2024$14,543 · 0.58%
2023$10,840 · 0.54%
2022$8,822 · 0.54%
Same employer
Similar plansEducational Services · Massachusetts
School of Rock, LLC MA$3.8M · 0.11%
Pine Manor College MA$3.3M · 0.01%
Saga Innovations MA$3.2M · 0.88%
Nurtury, Inc. MA$2.0M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 272283580 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.