Plan Ledger DOL Form 5500 · updated monthly

Hodess Cleanroom Construction LLC401(k)

HODESS CLEANROOM CONSTRUCTION LLC THRIFT 401(K) PLAN · ATTLEBORO, MA · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Hodess Cleanroom Construction LLC reported $43,337 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $3,824 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 1 year on file its reported administrative ratio fell from 0.49% to 0.26%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Massachusetts (1,393rd of 2,726), and the 2,156th of 5,337 in construction. In 2024, employees put in $2.03 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,316,464
Participants with balances211
Active participants228
Employer contributions$871,793
Employee contributions$1,771,164
Employer contribution per active participant$3,824
Average account balance$86,808
Benefits paid to participants$1,597,414
Plan auditUnmodified (clean) audit opinion
AuditorLMHS, P.C.
Plan history2
Yearassets · accounts · employer contribution
2024$18.3M · 211 accts · $872K emplr
2023$15.3M · 189 accts · $618K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$43,337
Total administrative$43,337
The Hodess Cleanroom Construction LLC 401(k) match · 2024
Employer contribution per active participant$3,824
Median for plans this size$2,416
2024$3,824 per active participant
2023$3,107 per active participant

Hodess Cleanroom Construction LLC's 2024 employer contribution ran above 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.

Administrative cost history2
2024$43,337 · 0.26%
2023$65,912 · 0.49%
Same employer
Similar plansConstruction · Massachusetts
E. Amanti & Sons, Inc. MA$19.9M · 0.38%
Thomas G. Gallagher, Inc. MA$19.4M · 0.21%
E.M. Duggan, Inc. MA$18.3M · 0.31%
Fernandes Masonry, Inc. MA$18.2M · 0.32%
J. Derenzo Co. MA$17.2M · 0.30%
Plumb House, Inc. MA$16.8M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 562487213 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.