Plan Ledger DOL Form 5500 · updated monthly

Hancock Salon, Inc. D/B/A Dellaria Salons/Laclique Salons401(k)

HANCOCK SALON, INC.DBA DELLARIA SALONS/LACLIQUE SALONS 401(K) PLAN · ALLSTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.32%

Hancock Salon, Inc. D/B/A Dellaria Salons/Laclique Salons reported $58,328 in plan administrative expenses for 2024: 0.32% of average plan assets, above the peer median. 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 0.19% to 0.32%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 1,355th-largest of 2,726 plans among Massachusetts employers on file, and the 1,094th of 3,341 in other services.

Plan summary
Net assets, end of year$18,960,389
Participants with balances261
Active participants275
Employer contributions—
Employee contributions$879,103
Employer contribution per active participant—
Average account balance$72,645
Benefits paid to participants$1,218,252
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$19.0M · 261 accts
2023$17.2M · 240 accts
2022$14.7M · 261 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,328
Investment management$25,000
Total administrative$58,328
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 · 20242
FIIOC, INC. · Loan processing$33,328
GLOBAL RETIREMENT PARTNERS · Investment advisory (plan)$25,000

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$58,328 · 0.32%
2023$50,204 · 0.32%
2022$32,106 · 0.19%
Similar plansOther Services · Massachusetts
Berkshire County Arc, Inc. MA$18.9M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042866329 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.