Plan Ledger DOL Form 5500 · updated monthly

Chase Corporation401(k)

CHASE CORPORATION 401(K) PLAN · WESTWOOD, MA · plan year 2023

Reported admin expense ratio · 2023
0.25%

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

Chase Corporation reported $122,408 in plan administrative expenses for 2023: 0.25% of average plan assets, below the peer median. Employer contributions averaged $1,875 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 0.09% to 0.27%. 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 687th-largest of 2,726 plans among Massachusetts employers on file, and the 3,050th of 13,661 in manufacturing. In 2023, employees put in $2.58 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$52,331,156
Participants with balances691
Active participants523
Employer contributions$980,646
Employee contributions$2,533,251
Employer contribution per active participant$1,875
Average account balance$75,732
Benefits paid to participants$5,187,851
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$49.4M · 706 accts · $1.0M emplr
2023$52.3M · 691 accts · $981K emplr
2022$45.8M · 676 accts · $891K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$64,051
Investment management$51,036
Trustee / custodial$7,321
Total administrative$122,408
The Chase Corporation 401(k) match · 2023
Employer contribution per active participant$1,875
Median for plans this size$2,440
2024$2,080 per active participant
2023$1,875 per active participant
2022$1,800 per active participant

Chase Corporation'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
NEWPORT GROUP, INC. · Claims processing · Recordkeeping$64,052
UBS FINANCIAL SERVICES, INC. · Investment advisory (participants) · Investment advisory (plan)$51,036
NEWPORT TRUST COMPANY · Trustee · Trustee (directed)$7,321

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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

Administrative cost history3
2024$135,851 · 0.27%
2023$122,408 · 0.25%
2022$46,775 · 0.09%
Same employer
Similar plansManufacturing · Massachusetts
Agenus Inc. MA$52.7M · 0.03%
Harvard Bioscience, Inc. MA$49.7M · 0.07%
Twin Rivers Technologies MA$49.5M · 0.02%
Kettle Cuisine, LLC MA$49.3M · 0.51%
Affinity Group, Inc. MA$49.2M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 111797126 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.