Plan Ledger DOL Form 5500 · updated monthly

Coghlin Companies, Inc.401(k)

COGHLIN COMPANIES EMPLOYEE PROFIT SHARING PLAN AND TRUST · WESTBOROUGH, MA · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Coghlin Companies, Inc. reported $144,158 in plan administrative expenses for 2024: 0.27% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,990 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 0.22% to 0.27%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 629th-largest of 2,726 plans among Massachusetts employers on file, and the 707th of 4,246 in wholesale trade. In 2024, employees put in $2.94 for every $1.00 the employer contributed; active participation has shrunk from 841 to 700 since 2022.

Plan summary
Net assets, end of year$57,691,922
Participants with balances934
Active participants700
Employer contributions$1,393,122
Employee contributions$4,092,880
Employer contribution per active participant$1,990
Average account balance$61,769
Benefits paid to participants$4,516,350
Plan auditUnmodified (clean) audit opinion
AuditorBOLLUS LYNCH LLP
Plan history3
Yearassets · accounts · employer contribution
2024$57.7M · 934 accts · $1.4M emplr
2023$49.7M · 998 accts · $1.5M emplr
2022$39.9M · 1,021 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,211
Investment management$88,414
Audit (IQPA)$15,493
Total administrative$144,158
The Coghlin Companies, Inc. 401(k) match · 2024
Employer contribution per active participant$1,990
Median for plans this size$3,635
2024$1,990 per active participant
2023$1,999 per active participant
2022$1,763 per active participant

Coghlin Companies, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20245
BDS CONSULTING GROUP, INC. · Recordkeeping$22,030
KESTRA INVESTMENT SERVICES, LLC · Investment advisory (plan)$76,567
FIDELITY INVESTMENTS · Loan processing$18,211
BOLLUS LYNCH · Accounting / audit$15,493
STRATEGIC ADVISORS · Investment advisory (plan)$11,848

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

Recordkeeper by year2
2024BDS CONSULTING GROUP, INC.
2023BDS CONSULTING GROUP, INC.

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

Administrative cost history3
2024$144,158 · 0.27%
2023$88,581 · 0.20%
2022$94,568 · 0.22%
Same employer
Similar plansWholesale Trade · Massachusetts
Heilind Electronics, Inc. MA$68.2M · 0.09%
Rochester Electronics, LLC MA$64.2M · 0.40%
North Atlantic Corp. MA$62.8M · 0.13%
Buckley Associates, Inc. MA$51.4M · 0.26%
Brockway-Smith Company MA$47.1M · 0.14%
Plumbers' Supply Company MA$46.1M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042923301 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.