Plan Ledger DOL Form 5500 · updated monthly

Courier Plus, Inc.401(k)

DBA DUTCHIE 401(K) PLAN · BOSTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.87%

Courier Plus, Inc. reported $118,593 in plan administrative expenses for 2024: 0.87% of average plan assets, higher than ~90% of peers. 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 3 years on file its reported administrative ratio rose from 0.15% to 0.87%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Massachusetts (1,543rd of 2,726), and 1,212th of 2,199 in information & media. active participation has shrunk from 535 to 361 since 2021.

Plan summary
Net assets, end of year$15,136,617
Participants with balances373
Active participants361
Employer contributions—
Employee contributions$2,768,456
Employer contribution per active participant—
Average account balance$40,581
Benefits paid to participants$2,455,198
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2024$15.1M · 373 accts
2023$12.2M · 487 accts
2022$9.6M · 588 accts
2021$5.4M · 372 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$118,593
Total administrative$118,593
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
GLOBAL RETIREMENT PARTNERS · Investment advisory (plan)$38,195
COMPENSATION SYSTEMS INC · Contract administrator$19,869

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

Administrative cost history4
2024$118,593 · 0.87%
2023$42,470 · 0.39%
2022$17,489 · 0.23%
2021$4,741 · 0.15%
Same employer
Similar plansInformation & Media · Massachusetts
Dynamo Software, Inc. MA$16.7M · 0.28%
Specialty Commerce Corp. MA$16.1M · 0.34%
Pubmark, Inc MA$15.5M · 0.00%
Rxadvance Corporation MA$15.0M · 0.07%
Starry, Inc MA$14.8M · 0.33%
Lakeside Software, LLC MA$13.1M · 0.42%
OM1, Inc. MA$12.9M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 831035109 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.