Plan Ledger DOL Form 5500 · updated monthly

Costas Provisions Corporation401(k)

COSTAS PROVISIONS 401(K) & PROFIT SHARING PLAN · BOSTON, MA · plan year 2022

Reported admin expense ratio · 2022
0.49%

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

Costas Provisions Corporation reported $58,228 in plan administrative expenses for 2022: 0.49% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,638 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Massachusetts (1,758th of 2,726), and 2,705th of 4,246 in wholesale trade. In 2022, the employer put in $1.30 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$11,720,952
Participants with balances201
Active participants123
Employer contributions$570,527
Employee contributions$439,790
Employer contribution per active participant$4,638
Average account balance$58,313
Benefits paid to participants$39,252
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $143K emplr
2022$11.7M · 201 accts · $571K emplr
The Costas Provisions Corporation 401(k) match · 2022
Employer contribution per active participant$4,638
Median for plans this size$2,266

Costas Provisions Corporation's 2022 employer contribution ran above the $2,266 median for plans its size, placing it in the top 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$58,228 · 0.49%
Similar plansWholesale Trade · Massachusetts
The Norfolk Companies, Inc. MA$12.8M · 0.54%
Hartley & Parker LTD, Inc. MA$11.4M · 0.07%
Power Products Systems, LLC MA$11.0M · 0.30%
John Nagle Co. MA$10.1M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043034611 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.