Plan Ledger DOL Form 5500 · updated monthly

D'Allessandro Corp.401(k)

D'ALLESSANDRO CORP. 401(K) PROFIT SHARING PLAN · WEST BRIDGEWATER, MA · plan year 2024

Reported admin expense ratio · 2024
0.57%

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

D'Allessandro Corp. reported $70,372 in plan administrative expenses for 2024: 0.57% of average plan assets, higher than ~75% of peers. Employer contributions averaged $7,391 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 0.52% to 0.57%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Massachusetts (1,634th of 2,726), and the 2,657th of 5,337 in construction. In 2024, the employer put in $1.71 for every $1.00 employees contributed themselves; active participation has grown from 70 to 80 since 2022.

Plan summary
Net assets, end of year$13,299,492
Participants with balances116
Active participants80
Employer contributions$591,293
Employee contributions$345,307
Employer contribution per active participant$7,391
Average account balance$114,651
Benefits paid to participants$472,074
Plan auditUnmodified (clean) audit opinion
AuditorLMHS, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$13.3M · 116 accts · $591K emplr
2023$11.5M · 114 accts · $550K emplr
2022$10.2M · 119 accts · $419K emplr
The D'Allessandro Corp. 401(k) match · 2024
Employer contribution per active participant$7,391
Median for plans this size$2,416
2024$7,391 per active participant
2023$7,145 per active participant
2022$5,985 per active participant

D'Allessandro Corp.'s 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
MORGAN STANLEY · Investment advisory (plan)$27,950
THE ANGELL PENSION GROUP INC · Contract administrator$1,500
EMPOWER ADVISORY GROUP, LLC · Investment management$573

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$70,372 · 0.57%
2023$59,779 · 0.55%
2022$59,627 · 0.52%
Similar plansConstruction · Massachusetts
Mas Building & Bridge, Inc. MA$15.4M · 0.65%
Helical Drilling, Inc. MA$12.0M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042958565 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.