Plan Ledger DOL Form 5500 · updated monthly

Gavin Foundation Inc401(k)

GAVIN FOUNDATION, INC. 401(K) PROFIT SHARING PLAN & TRUST · BOSTON, MA · plan year 2022

Reported admin expense ratio · 2022
0.31%

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

Gavin Foundation Inc reported $8,393 in plan administrative expenses for 2022: 0.31% of average plan assets, below the peer median. Employer contributions averaged $1,349 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 professional & technical services employers. By assets it is among the smaller plans on file in Massachusetts (2,525th of 2,726), and 10,670th of 11,654 in professional & technical services. In 2022, employees put in $2.14 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,620,839
Participants with balances88
Active participants115
Employer contributions$155,093
Employee contributions$331,264
Employer contribution per active participant$1,349
Average account balance$29,782
Benefits paid to participants$96,400
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$5,537
Investment management$2,856
Total administrative$8,393
The Gavin Foundation Inc 401(k) match · 2022
Employer contribution per active participant$1,349
Median for plans this size$1,114

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

Administrative cost history1
2022$8,393 · 0.31%
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Source: U.S. Department of Labor, Form 5500 series, EIN 043220123 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.