Plan Ledger DOL Form 5500 · updated monthly

Claremont Companies, LLC401(k)

CLAREMONT COMPANIES, LLC 401(K) RETIREMENT PLAN · BRIDGEWATER, MA · plan year 2024

Reported admin expense ratio · 2024
0.96%

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

Claremont Companies, LLC reported $100,330 in plan administrative expenses for 2024: 0.96% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,260 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 0.65% to 0.96%. 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 (1,803rd of 2,726), and the 1,038th of 2,096 in real estate & leasing. In 2024, employees put in $2.13 for every $1.00 the employer contributed; active participation has grown from 326 to 426 since 2022.

Plan summary
Net assets, end of year$11,177,223
Participants with balances536
Active participants426
Employer contributions$536,694
Employee contributions$1,142,662
Employer contribution per active participant$1,260
Average account balance$20,853
Benefits paid to participants$1,547,757
Plan auditUnmodified (clean) audit opinion
AuditorCOHN REZNICK
Plan history3
Yearassets · accounts · employer contribution
2024$11.2M · 536 accts · $537K emplr
2023$9.8M · 491 accts · $440K emplr
2022$7.6M · 403 accts · $349K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$44,949
Investment management$25,193
Total administrative$100,330
The Claremont Companies, LLC 401(k) match · 2024
Employer contribution per active participant$1,260
Median for plans this size$2,416
2024$1,260 per active participant
2023$1,073 per active participant
2022$1,071 per active participant

Claremont Companies, LLC'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 · 20242
GALLAGHER BENEFIT SERVICES INC DBA · Investment advisory (plan)$25,193

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$100,330 · 0.96%
2023$78,894 · 0.91%
2022$52,878 · 0.65%
Similar plansReal Estate & Leasing · Massachusetts
Nantucket Island Management MA$12.6M · 0.42%
Churchill Forge, Inc. MA$11.8M · 0.05%
Trinity Management, LLC MA$9.4M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042795779 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.