Plan Ledger DOL Form 5500 · updated monthly

Eaton Peabody, PA401(k)

EATON PEABODY, PA 401(K) PLAN · BANGOR, ME · plan year 2023

Reported admin expense ratio · 2023
0.04%

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

Eaton Peabody, PA reported $10,044 in plan administrative expenses for 2023: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,032 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 0.05% to 0.04%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is the 114th-largest of 354 plans among Maine employers on file, and the 4,465th of 11,654 in professional & technical services. In 2023, employees put in $1.11 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$27,250,883
Participants with balances122
Active participants95
Employer contributions$668,004
Employee contributions$743,980
Employer contribution per active participant$7,032
Average account balance$223,368
Benefits paid to participants$2,964,962
Plan auditUnmodified (clean) audit opinion
AuditorBBSC, CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$24.7M · 119 accts · $307K emplr
2023$27.3M · 122 accts · $668K emplr
2022$24.5M · 128 accts · $824K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$10,044
Total administrative$10,044
The Eaton Peabody, PA 401(k) match · 2023
Employer contribution per active participant$7,032
Median for plans this size$2,440
2024$3,613 per active participant
2023$7,032 per active participant
2022$8,322 per active participant

Eaton Peabody, PA's 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$10,294

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$10,613 · 0.04%
2023$10,044 · 0.04%
2022$13,726 · 0.05%
Same employer
Similar plansProfessional & Technical Services · Maine
Smrt, Inc. ME$31.6M · 0.01%
Rlc Engineering, LLC ME$16.5M · 0.37%
S.W. Cole Engineering, Inc. ME$14.2M · 0.35%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 010373027 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.