Plan Ledger DOL Form 5500 · updated monthly

Federal Management Co., Inc.401(k)

FEDERAL MANAGEMENT 401(K) PLAN · BRAINTREE, MA · plan year 2024

Reported admin expense ratio · 2024
0.59%

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

Federal Management Co., Inc. reported $103,937 in plan administrative expenses for 2024: 0.59% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,377 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 3 years on file its reported administrative ratio has held roughly steady near 0.59%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 1,363rd-largest of 2,726 plans among Massachusetts employers on file, and the 702nd of 2,096 in real estate & leasing. In 2024, employees put in $2.83 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,769,837
Participants with balances205
Active participants172
Employer contributions$408,867
Employee contributions$1,155,425
Employer contribution per active participant$2,377
Average account balance$91,560
Benefits paid to participants$794,569
Plan auditUnmodified (clean) audit opinion
AuditorRAPHAEL & RAPHAEL
Plan history3
Yearassets · accounts · employer contribution
2024$18.8M · 205 accts · $409K emplr
2023$16.2M · 201 accts · $385K emplr
2022$13.1M · 201 accts · $372K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$54,566
Investment management$49,371
Total administrative$103,937
The Federal Management Co., Inc. 401(k) match · 2024
Employer contribution per active participant$2,377
Median for plans this size$2,416
2024$2,377 per active participant
2023$2,318 per active participant
2022$2,240 per active participant

Federal Management Co., Inc.'s 2024 employer contribution ran below 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 · 20243
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$54,566
DAVINCI CAPITAL MANAGEMENT, INC. · Investment advisory (plan)$49,371
CHARLES SCHWAB · Custodial (securities)indirect 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
2024The Standard
2023The Standard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$103,937 · 0.59%
2023$86,773 · 0.59%
2022$86,046 · 0.63%
Similar plansReal Estate & Leasing · Massachusetts
Maloney Properties, Inc. MA$24.0M · 0.43%
Davenport Realty Trust MA$21.8M · 0.09%
Inland Management, LLC MA$21.3M · 0.25%
Markley Lowell, LLC MA$17.5M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042513390 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.