Plan Ledger DOL Form 5500 · updated monthly

Devens Treatment & Recovery Center, LLC401(k)

DEVENS TREATMENT & RECOVERY CENTER, LLC 401(K) PLAN · DEVENS, MA · plan year 2024

Reported admin expense ratio · 2024
0.78%

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

Devens Treatment & Recovery Center, LLC reported $58,277 in plan administrative expenses for 2024: 0.78% of average plan assets, above the peer median. Employer contributions averaged $453 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 0.57% to 0.78%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Massachusetts (2,029th of 2,726), and 6,341st of 11,911 in health care & social assistance. In 2024, employees put in $7.78 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,258,851
Participants with balances617
Active participants481
Employer contributions$218,114
Employee contributions$1,697,305
Employer contribution per active participant$453
Average account balance$13,385
Benefits paid to participants$1,443,429
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.3M · 617 accts · $218K emplr
2023$6.6M · 577 accts · $436K emplr
2022$4.7M · 708 accts · $356K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$56,477
Total administrative$58,277
The Devens Treatment & Recovery Center, LLC 401(k) match · 2024
Employer contribution per active participant$453
Median for plans this size$1,313
2024$453 per active participant
2023$1,046 per active participant
2022$738 per active participant

Devens Treatment & Recovery Center, LLC's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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.

Administrative cost history3
2024$58,277 · 0.78%
2023$72,168 · 1.28%
2022$23,330 · 0.57%
Same employer
Similar plansHealth Care & Social Assistance · Massachusetts
People, Incorporated MA$8.6M · 0.03%
Lifeworks, Inc. MA$8.3M · 0.02%
Gosnold, Inc. MA$8.3M · 0.88%

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Source: U.S. Department of Labor, Form 5500 series, EIN 475245366 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.