Plan Ledger DOL Form 5500 · updated monthly

Darling Consulting Group, Inc.401(k)

DARLING CONSULTING GROUP 401(K) PROFIT SHARING PLAN · NEWBURYPORT, MA · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Darling Consulting Group, Inc. reported $168,984 in plan administrative expenses for 2024: 0.32% of average plan assets, higher than ~75% of peers. Employer contributions averaged $8,147 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 0.28% to 0.32%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 642nd-largest of 2,726 plans among Massachusetts employers on file, and the 2,499th of 11,654 in professional & technical services. In 2024, employees put in $1.54 for every $1.00 the employer contributed; active participation has grown from 131 to 160 since 2022.

Plan summary
Net assets, end of year$56,416,910
Participants with balances206
Active participants160
Employer contributions$1,303,509
Employee contributions$2,007,140
Employer contribution per active participant$8,147
Average account balance$273,868
Benefits paid to participants$2,366,104
Plan auditUnmodified (clean) audit opinion
AuditorHARVEY & MARTIN PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$56.4M · 206 accts · $1.3M emplr
2023$48.1M · 199 accts · $1.1M emplr
2022$38.2M · 173 accts · $929K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$137,484
Audit (IQPA)$31,500
Total administrative$168,984
The Darling Consulting Group, Inc. 401(k) match · 2024
Employer contribution per active participant$8,147
Median for plans this size$3,635
2024$8,147 per active participant
2023$7,381 per active participant
2022$7,092 per active participant

Darling Consulting Group, Inc.'s 2024 employer contribution ran above the $3,635 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
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$137,484
HARVEY & MARTIN · Accounting / audit$31,500
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect comp
AMERIPRISE FINANCIAL SERVICES, INC. · Consultingindirect comp

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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Administrative cost history3
2024$168,984 · 0.32%
2023$112,452 · 0.26%
2022$118,480 · 0.28%
Same employer
Similar plansProfessional & Technical Services · Massachusetts
Stratus Technologies, Inc. MA$58.8M · 0.04%
Sdl Inc. MA$58.2M · 0.21%
Apps Associates LLC MA$57.7M · 0.28%
Worldwide Techservices, LLC MA$57.1M · 0.02%
Dept US Holdings LLC MA$55.9M · 0.20%
Globoforce, Inc. MA$55.8M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043106489 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.