Plan Ledger DOL Form 5500 · updated monthly

Donovan Services, Inc.401(k)

DONOVAN SERVICES, INC. 401(K) PLAN · HINGHAM, MA · plan year 2022

Reported admin expense ratio · 2022
0.32%

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

Donovan Services, Inc. reported $18,273 in plan administrative expenses for 2022: 0.32% of average plan assets, below the peer median. Employer contributions averaged $467 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Massachusetts (2,293rd of 2,726), and 11,093rd of 13,661 in manufacturing. In 2022, employees put in $2.45 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,207,291
Participants with balances63
Active participants128
Employer contributions$59,726
Employee contributions$146,035
Employer contribution per active participant$467
Average account balance$82,655
Benefits paid to participants$209,822
Plan auditUnmodified (clean) audit opinion
AuditorGRAY, GRAY & GRAY
The Donovan Services, Inc. 401(k) match · 2022
Employer contribution per active participant$467
Median for plans this size$1,114

Donovan Services, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$18,273 · 0.32%
Similar plansManufacturing · Massachusetts
Boston Sword & Tuna, Inc. MA$5.7M · 0.20%
Spectrum Lighting, Inc. MA$5.4M · 0.90%
Scipher Medicine MA$5.4M · 0.15%
McNairn Packaging, Inc. MA$5.2M · 0.62%
Nasoya Foods USA, LLC MA$4.6M · 0.64%
Brady Enterprises, Inc. MA$4.4M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043000008 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.