Plan Ledger DOL Form 5500 · updated monthly

College Internship Program, Inc.401(k)

COLLEGE INTERNSHIP PROGRAM, INC. PROFIT SHARING PLAN · LEE, MA · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

College Internship Program, Inc. reported $4,511 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,944 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 0.03% to 0.11%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Massachusetts (2,352nd of 2,726), and 8,185th of 11,911 in health care & social assistance. In 2024, employees put in $1.97 for every $1.00 the employer contributed; active participation has shrunk from 115 to 103 since 2022.

Plan summary
Net assets, end of year$4,558,018
Participants with balances152
Active participants103
Employer contributions$200,232
Employee contributions$393,717
Employer contribution per active participant$1,944
Average account balance$29,987
Benefits paid to participants$557,456
Plan auditUnmodified (clean) audit opinion
AuditorMEYERS BROTHERS KALICKA P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$4.6M · 152 accts · $200K emplr
2023$3.7M · 138 accts · $148K emplr
2022$3.0M · 136 accts · $144K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,511
Total administrative$4,511
The College Internship Program, Inc. 401(k) match · 2024
Employer contribution per active participant$1,944
Median for plans this size$1,313
2024$1,944 per active participant
2023$1,279 per active participant
2022$1,254 per active participant

College Internship Program, Inc.'s 2024 employer contribution ran above the $1,313 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.

Service providers · 20241
ADP, INC. · Loan processing · Recordkeeping$4,511

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

Recordkeeper by year2
2024ADP
2023ADP

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

Administrative cost history3
2024$4,511 · 0.11%
2023$2,013 · 0.06%
2022$989 · 0.03%
Similar plansHealth Care & Social Assistance · Massachusetts
Fcp, Inc. MA$4.7M · 0.01%
The Essex Group Inc. MA$4.6M · 1.24%
Tribute Home Care, LLC MA$4.5M · 1.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 880145134 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.