Plan Ledger DOL Form 5500 · updated monthly

Corcoran Jennison Company, Inc401(k)

CORCORAN JENNISON COMPANIES 401(K) PLAN · BOSTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Corcoran Jennison Company, Inc reported $116,383 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. Employer contributions averaged $3,201 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 0.23% to 0.31%. 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 the 793rd-largest of 2,726 plans among Massachusetts employers on file, and the 335th of 2,096 in real estate & leasing. In 2024, employees put in $2.27 for every $1.00 the employer contributed; active participation has shrunk from 388 to 247 since 2022.

Plan summary
Net assets, end of year$42,123,488
Participants with balances368
Active participants247
Employer contributions$790,604
Employee contributions$1,794,948
Employer contribution per active participant$3,201
Average account balance$114,466
Benefits paid to participants$1,436,219
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$42.1M · 368 accts · $791K emplr
2023$34.0M · 321 accts · $729K emplr
2022$27.7M · 327 accts · $696K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$71,102
Investment management$45,281
Total administrative$116,383
The Corcoran Jennison Company, Inc 401(k) match · 2024
Employer contribution per active participant$3,201
Median for plans this size$2,416
2024$3,201 per active participant
2023$1,835 per active participant
2022$1,795 per active participant

Corcoran Jennison Company, Inc's 2024 employer contribution ran above 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.

Service providers · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$71,102
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$25,000
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$20,281

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$116,383 · 0.31%
2023$87,081 · 0.28%
2022$74,875 · 0.23%
Same employer
Similar plansReal Estate & Leasing · Massachusetts
New England Business Trust MA$45.8M · 0.28%
Chestnut Hill Realty Corp. MA$43.3M · 0.34%
Peabody Properties, Inc. MA$40.4M · 0.43%
Cresa Partners Boston Inc MA$39.9M · 0.41%
The Dolben Company, Inc. MA$31.3M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042964561 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.