Plan Ledger DOL Form 5500 · updated monthly

Henley Enterprises, Inc.401(k)

HENLEY COMPANIES 401(K) SAVINGS PLAN · NEWTON HIGHLANDS, MA · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Henley Enterprises, Inc. reported $200,184 in plan administrative expenses for 2024: 0.41% of average plan assets, above the peer median. Employer contributions averaged $1,203 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 fell from 0.90% to 0.41%. 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 670th-largest of 2,726 plans among Massachusetts employers on file, and the 407th of 3,341 in other services. In 2024, employees put in $1.28 for every $1.00 the employer contributed; active participation has grown from 2,580 to 3,062 since 2022.

Plan summary
Net assets, end of year$53,813,048
Participants with balances2,699
Active participants3,062
Employer contributions$3,683,667
Employee contributions$4,705,802
Employer contribution per active participant$1,203
Average account balance$19,938
Benefits paid to participants$4,722,856
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$53.8M · 2,699 accts · $3.7M emplr
2023$43.3M · 2,311 accts · $3.3M emplr
2022$33.4M · 2,124 accts · $2.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$170,184
Investment management$30,000
Total administrative$200,184
The Henley Enterprises, Inc. 401(k) match · 2024
Employer contribution per active participant$1,203
Median for plans this size$2,416
2024$1,203 per active participant
2023$1,156 per active participant
2022$1,070 per active participant

Henley Enterprises, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. 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 · 20242
NEWPORT GROUP, INC. · Claims processing · Recordkeeping$170,184
MMA SECURITIES, LLC · Investment advisory (participants) · Investment advisory (plan)$30,000

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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

Administrative cost history3
2024$200,184 · 0.41%
2023$200,108 · 0.52%
2022$317,341 · 0.90%
Same employer
Similar plansOther Services · Massachusetts
Justice Resource Institute MA$65.1M · 0.19%
Aura Sub, LLC MA$48.7M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043036456 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.