Plan Ledger DOL Form 5500 · updated monthly

Hopewell Inc.401(k)

HOPEWELL 401(K) RETIREMENT PLAN · DEDHAM, MA · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Hopewell Inc. reported $4,105 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,630 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 0.06% to 0.05%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Massachusetts (1,918th of 2,726), and 1,680th of 3,341 in other services. In 2024, employees put in $1.49 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,746,348
Participants with balances174
Active participants106
Employer contributions$384,785
Employee contributions$573,212
Employer contribution per active participant$3,630
Average account balance$56,013
Benefits paid to participants$790,397
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.7M · 174 accts · $385K emplr
2023$8.4M · 203 accts · $365K emplr
2022$7.7M · 184 accts · $371K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,325
Total administrative$4,105
The Hopewell Inc. 401(k) match · 2024
Employer contribution per active participant$3,630
Median for plans this size$1,313
2024$3,630 per active participant
2023$3,507 per active participant
2022$3,170 per active participant

Hopewell Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20241
CAMBRIDGE INVESTMENT RESEARCH · Securities brokerageindirect comp

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$4,105 · 0.05%
2023$3,400 · 0.04%
2022$4,750 · 0.06%
Same employer
Similar plansOther Services · Massachusetts
Rogerson Communities MA$10.7M · 0.16%
Anton's Cleaners, Inc. MA$10.4M · 0.01%
The Leavitt Corporation MA$7.6M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042438910 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.