Plan Ledger DOL Form 5500 · updated monthly

Greene Rubber Company Inc401(k)

GREENE RUBBER COMPANY, INC. 401(K) PLAN · WOBURN, MA · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Greene Rubber Company Inc reported $56,864 in plan administrative expenses for 2024: 0.36% of average plan assets, above the peer median. Employer contributions averaged $1,799 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 0.27% to 0.36%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Massachusetts (1,458th of 2,726), and 2,184th of 4,246 in wholesale trade. In 2024, employees put in $3.13 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,803,799
Participants with balances169
Active participants155
Employer contributions$278,871
Employee contributions$873,755
Employer contribution per active participant$1,799
Average account balance$99,431
Benefits paid to participants$1,100,890
Plan auditUnmodified (clean) audit opinion
AuditorRYAN & COSCIA P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$16.8M · 169 accts · $279K emplr
2023$14.5M · 166 accts · $284K emplr
2022$11.4M · 160 accts · $201K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$34,980
Investment management$21,884
Total administrative$56,864
The Greene Rubber Company Inc 401(k) match · 2024
Employer contribution per active participant$1,799
Median for plans this size$2,416
2024$1,799 per active participant
2023$1,871 per active participant
2022$1,263 per active participant

Greene Rubber Company 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
EDWARD JONES · Recordkeeping · Trustee$29,282
ADP, INC. · Loan processing · Recordkeeping$27,581
MESIROW FINANCIAL INVESTMENT MANAGE · Loan processingindirect 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
2024ADP, Edward Jones
2023ADP, Edward Jones

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

Administrative cost history3
2024$56,864 · 0.36%
2023$44,884 · 0.35%
2022$32,125 · 0.27%
Same employer
Similar plansWholesale Trade · Massachusetts
Imperial Distributors, Inc. MA$18.0M · 0.34%
Iredale Cosmetics, Inc. MA$17.8M · 0.09%
Caron Holdings, Inc. MA$17.3M · 0.52%
Brewster Home Fashions, LLC MA$17.0M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042226389 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.