Plan Ledger DOL Form 5500 · updated monthly

Jay Cashman, Inc.401(k)

JAY CASHMAN 401(K) PLAN · QUINCY, MA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Jay Cashman, Inc. reported $8,511 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,797 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 0.17% to 0.02%. 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 866th-largest of 2,726 plans among Massachusetts employers on file, and the 1,305th of 5,337 in construction. In 2024, employees put in $2.89 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$37,407,706
Participants with balances277
Active participants152
Employer contributions$577,189
Employee contributions$1,667,358
Employer contribution per active participant$3,797
Average account balance$135,046
Benefits paid to participants$4,219,421
Plan auditUnmodified (clean) audit opinion
AuditorDARMODY, MERLINO & CO., LLP
Plan history3
Yearassets · accounts · employer contribution
2024$37.4M · 277 accts · $577K emplr
2023$34.3M · 271 accts · $463K emplr
2022$29.5M · 240 accts · $399K emplr
Administrative expenses, itemized · 2024
Investment management$25,101
Total administrative$8,511
The Jay Cashman, Inc. 401(k) match · 2024
Employer contribution per active participant$3,797
Median for plans this size$2,416
2024$3,797 per active participant
2023$2,661 per active participant
2022$2,869 per active participant

Jay Cashman, Inc.'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
CAMBRIDGE INVESTMENT RESEARCH · Investment advisory (plan)$25,000
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect 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$8,511 · 0.02%
2023$25,552 · 0.08%
2022$56,303 · 0.17%
Same employer
Similar plansConstruction · Massachusetts
Keville Enterprises, Inc. MA$47.0M · 0.31%
Elm Electrical, Inc. MA$43.8M · 0.01%
N.E.L. Corporation MA$43.6M · 0.01%
Sps New England, Inc. MA$42.2M · 0.06%
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%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043242954 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.