Plan Ledger DOL Form 5500 · updated monthly

Decas Cranberry Sales, Inc.401(k)

DECAS COMPANIES PROFIT SHARING PLAN · CARVER, MA · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Decas Cranberry Sales, Inc. reported $35,308 in plan administrative expenses for 2024: 0.37% of average plan assets, below the peer median. Employer contributions averaged $2,329 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 fell from 0.60% to 0.37%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Massachusetts (1,909th of 2,726), and 8,849th of 13,661 in manufacturing. In 2024, employees put in $2.53 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,870,795
Participants with balances147
Active participants76
Employer contributions$176,995
Employee contributions$447,178
Employer contribution per active participant$2,329
Average account balance$67,148
Benefits paid to participants$926,922
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.9M · 147 accts · $177K emplr
2023$9.1M · 138 accts · $158K emplr
2022$8.6M · 136 accts · $160K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,290
Investment management$23,018
Total administrative$35,308
The Decas Cranberry Sales, Inc. 401(k) match · 2024
Employer contribution per active participant$2,329
Median for plans this size$1,313
2024$2,329 per active participant
2023$1,880 per active participant
2022$2,024 per active participant

Decas Cranberry Sales, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20242
CAPFINANCIAL SECURITIES LLC · Investment advisory (plan)$23,018

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$35,308 · 0.37%
2023$35,551 · 0.40%
2022$57,141 · 0.60%
Similar plansManufacturing · Massachusetts
Slade Gorton & Co., Inc. MA$10.3M · 0.25%
Epec, LLC MA$10.3M · 0.01%
Valley Steel Stamp Inc MA$10.1M · 0.60%
Flagship Press, Inc. MA$9.7M · 0.27%
Sense Labs, Inc MA$9.7M · 0.28%
Seurat Technologies Inc. MA$9.6M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042250284 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.