Plan Ledger DOL Form 5500 · updated monthly

Erving Industries, Inc.401(k)

ERVING INDUSTRIES, INC. 401(K) PLAN · ERVING, MA · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Erving Industries, Inc. reported $19,284 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,436 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 0.07% to 0.09%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,228th-largest of 2,726 plans among Massachusetts employers on file, and the 5,578th of 13,661 in manufacturing. In 2024, employees put in $1.99 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$21,935,179
Participants with balances204
Active participants121
Employer contributions$415,766
Employee contributions$828,738
Employer contribution per active participant$3,436
Average account balance$107,525
Benefits paid to participants$2,120,836
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$21.9M · 204 accts · $416K emplr
2023$20.5M · 204 accts · $395K emplr
2022$17.7M · 199 accts · $362K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,805
Investment management$17,479
Total administrative$19,284
The Erving Industries, Inc. 401(k) match · 2024
Employer contribution per active participant$3,436
Median for plans this size$2,416
2024$3,436 per active participant
2023$3,210 per active participant
2022$3,043 per active participant

Erving Industries, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size. 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
MERRILL LYNCH PIERCE FENNER & SMITH · Recordkeeping · Trustee$31,159
OCONNOR DAVIES, · Recordkeeping · Pension consulting$20,600
ADP, INC. · Loan processing$1,805
ADP BROKER-DEALER · Other servicesindirect 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
2024Bank of America / Merrill, OCONNOR DAVIES,
2023Bank of America / Merrill, OCONNOR DAVIES,

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Administrative cost history3
2024$19,284 · 0.09%
2023$11,956 · 0.06%
2022$13,654 · 0.07%
Same employer
Similar plansManufacturing · Massachusetts
Fiba Technologies, Inc. MA$22.7M · 0.23%
Black Duck Software, Inc. MA$22.1M · 0.02%
Ashworth Bros., Inc. MA$22.1M · 0.05%
Synqor, Inc. MA$22.0M · 0.31%
The Rockport Company LLC MA$21.5M · 0.20%
Interprint, Inc. MA$21.4M · 0.33%
Sun Gro Holdings Inc. MA$21.3M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 041291330 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.