Plan Ledger DOL Form 5500 · updated monthly

Churchill Forge, Inc.401(k)

CHURCHILL FORGE, INC. 401(K) PLAN · BOSTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Churchill Forge, Inc. reported $5,040 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $635 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 0.055% to 0.046%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Massachusetts (1,751st of 2,726), and the 1,002nd of 2,096 in real estate & leasing. In 2024, employees put in $3.84 for every $1.00 the employer contributed; active participation has grown from 208 to 281 since 2022.

Plan summary
Net assets, end of year$11,827,804
Participants with balances272
Active participants281
Employer contributions$178,370
Employee contributions$685,118
Employer contribution per active participant$635
Average account balance$43,485
Benefits paid to participants$678,041
Plan auditUnmodified (clean) audit opinion
AuditorFREDERICK A CIAMPA, CPA, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$11.8M · 272 accts · $178K emplr
2023$10.3M · 262 accts · $176K emplr
2022$8.5M · 243 accts · $141K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,040
Total administrative$5,040
The Churchill Forge, Inc. 401(k) match · 2024
Employer contribution per active participant$635
Median for plans this size$2,416
2024$635 per active participant
2023$806 per active participant
2022$677 per active participant

Churchill Forge, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$5,040

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

Administrative cost history3
2024$5,040 · 0.05%
2023$5,561 · 0.06%
2022$5,450 · 0.05%
Same employer
Similar plansReal Estate & Leasing · Massachusetts
The Hamilton Company, Inc. MA$13.3M · 0.14%
Nantucket Island Management MA$12.6M · 0.42%
Claremont Companies, LLC MA$11.2M · 0.96%
Trinity Management, LLC MA$9.4M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042945628 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.