Plan Ledger DOL Form 5500 · updated monthly

J.C. Cannistraro, LLC.401(k)

J.C. CANNISTRARO, LLC. 401K RETIREMENT PLAN · WALTHAM, MA · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

J.C. Cannistraro, LLC. reported $125,019 in plan administrative expenses for 2024: 0.39% of average plan assets, above the peer median. Employer contributions averaged $2,937 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 0.42% to 0.39%. 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 the 939th-largest of 2,726 plans among Massachusetts employers on file, and the 1,425th of 5,337 in construction. In 2024, employees put in $2.56 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$33,250,347
Participants with balances330
Active participants241
Employer contributions$707,723
Employee contributions$1,813,450
Employer contribution per active participant$2,937
Average account balance$100,759
Benefits paid to participants$3,802,603
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$33.3M · 330 accts · $708K emplr
2023$30.2M · 371 accts · $670K emplr
2022$24.3M · 388 accts · $585K emplr
The J.C. Cannistraro, LLC. 401(k) match · 2024
Employer contribution per active participant$2,937
Median for plans this size$2,416
2024$2,937 per active participant
2023$2,679 per active participant
2022$2,489 per active participant

J.C. Cannistraro, 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.

Service providers · 20244
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$63,381
HUB INTERNATIONAL NEW ENGLAND · Investment advisory (plan)$22,928
EMPOWER ADVISORY GROUP, LLC · Investment management$17,384

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$125,019 · 0.39%
2023$91,498 · 0.34%
2022$111,688 · 0.42%
Same employer
Similar plansConstruction · Massachusetts
Walsh Brothers, Inc. MA$36.8M · 0.29%
Harry Grodsky & Co., Inc. MA$35.1M · 0.06%
Commodore Builders LLC MA$35.1M · 0.24%
Ene. Systems Inc. MA$33.3M · 0.15%
Zampell Refractories, Inc. MA$32.6M · 0.03%
Nexamp, Inc. MA$31.7M · 0.68%
Dellbrook Construction, LLC MA$30.6M · 0.17%
Erland Construction, Inc. MA$29.9M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042313282 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.