Plan Ledger DOL Form 5500 · updated monthly

Jiminy Peak Mountain Resort, LLC401(k)

FAIRBANK GROUP RETIREMENT PLAN · HANCOCK, MA · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Jiminy Peak Mountain Resort, LLC reported $4,749 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $191 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 rose from 0.04% to 0.07%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Massachusetts (2,161st of 2,726), and the 742nd of 2,240 in accommodation & food services. In 2024, employees put in $4.77 for every $1.00 the employer contributed; active participation has shrunk from 447 to 369 since 2022.

Plan summary
Net assets, end of year$6,836,107
Participants with balances266
Active participants369
Employer contributions$70,582
Employee contributions$336,337
Employer contribution per active participant$191
Average account balance$25,700
Benefits paid to participants$432,616
Plan auditUnmodified (clean) audit opinion
AuditorMEYERS BROTHERS KALICKA, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$6.8M · 266 accts · $71K emplr
2023$6.2M · 293 accts · $68K emplr
2022$4.9M · 317 accts · $63K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,749
Total administrative$4,749
The Jiminy Peak Mountain Resort, LLC 401(k) match · 2024
Employer contribution per active participant$191
Median for plans this size$1,313
2024$191 per active participant
2023$79 per active participant
2022$140 per active participant

Jiminy Peak Mountain Resort, LLC's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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 · 20242
SENTINEL BENEFITS GROUP, INC. · Recordkeeping$4,425
JOHN HANCOCK USA · Recordkeeping · Investment management$324

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024John Hancock, Sentinel Group
2023John Hancock, Sentinel Group

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$4,749 · 0.07%
2023$3,035 · 0.05%
2022$1,920 · 0.04%
Similar plansAccommodation & Food Services · Massachusetts
Lafrance Brothers, Inc. MA$9.9M · 0.56%
Saunders Hotel Group, LLC MA$9.2M · 0.36%
The Briar Group, LLC MA$6.4M · 0.82%
Mastoran Corporation MA$6.2M · 0.14%
Kellys Roast Beef, Inc. MA$5.3M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 263365616 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.