Plan Ledger DOL Form 5500 · updated monthly

J. Derenzo Co.401(k)

J. DERENZO CO. 401(K) PROFIT SHARING PLAN · BROCKTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

J. Derenzo Co. reported $49,028 in plan administrative expenses for 2024: 0.30% of average plan assets, above the peer median. Employer contributions averaged $3,090 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 0.40% to 0.30%. 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 (1,445th of 2,726), and the 2,254th of 5,337 in construction. In 2024, employees put in $2.75 for every $1.00 the employer contributed; active participation has shrunk from 109 to 88 since 2022.

Plan summary
Net assets, end of year$17,156,370
Participants with balances100
Active participants88
Employer contributions$271,902
Employee contributions$746,815
Employer contribution per active participant$3,090
Average account balance$171,564
Benefits paid to participants$1,642,607
Plan auditUnmodified (clean) audit opinion
AuditorGRAY, GRAY & GRAY
Plan history3
Yearassets · accounts · employer contribution
2024$17.2M · 100 accts · $272K emplr
2023$15.2M · 103 accts · $330K emplr
2022$12.8M · 112 accts · $334K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,089
Investment management$19,689
Total administrative$49,028
The J. Derenzo Co. 401(k) match · 2024
Employer contribution per active participant$3,090
Median for plans this size$2,416
2024$3,090 per active participant
2023$3,298 per active participant
2022$3,064 per active participant

J. Derenzo Co.'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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$29,339
ROCKLAND TRUST CO · Investment advisory (plan)$19,689

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$49,028 · 0.30%
2023$47,810 · 0.34%
2022$55,220 · 0.40%
Same employer
Similar plansConstruction · Massachusetts
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%
Plumb House, Inc. MA$16.8M · 0.28%
G. Lopes Construction Inc. MA$16.1M · 0.37%
Florence Electric, LLC MA$15.9M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042077274 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.