Plan Ledger DOL Form 5500 · updated monthly

Child Development and Education, Inc.401(k)

CHILD DEVELOPMENT PROFIT SHARING PLAN AND TRUST · MEDFORD, MA · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Child Development and Education, Inc. reported $3,095 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,354 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 0.02% to 0.03%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Massachusetts (1,881st of 2,726), and the 547th of 2,240 in accommodation & food services. In 2024, employees put in $1.73 for every $1.00 the employer contributed; active participation has grown from 117 to 139 since 2022.

Plan summary
Net assets, end of year$10,182,771
Participants with balances141
Active participants139
Employer contributions$327,214
Employee contributions$567,700
Employer contribution per active participant$2,354
Average account balance$72,218
Benefits paid to participants$2,065,619
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.2M · 141 accts · $327K emplr
2023$10.0M · 150 accts · $290K emplr
2022$8.1M · 152 accts · $273K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,095
Total administrative$3,095
The Child Development and Education, Inc. 401(k) match · 2024
Employer contribution per active participant$2,354
Median for plans this size$2,416
2024$2,354 per active participant
2023$2,634 per active participant
2022$2,336 per active participant

Child Development and Education, Inc.'s 2024 employer contribution ran below the $2,416 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.

Administrative cost history3
2024$3,095 · 0.03%
2023$2,280 · 0.03%
2022$2,050 · 0.02%
Similar plansAccommodation & Food Services · Massachusetts
Pr Management, Corp. MA$10.8M · 0.18%
Sole Proprietor, Inc. MA$10.3M · 1.16%
Lafrance Brothers, Inc. MA$9.9M · 0.56%
Saunders Hotel Group, LLC MA$9.2M · 0.36%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 043156875 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.