Plan Ledger DOL Form 5500 · updated monthly

Joseph's Gourmet Pasta Company401(k)

JOSEPH'S GOURMET PASTA COMPANY 401(K) PLAN · HAVERHILL, MA · plan year 2025

Reported admin expense ratio · 2025
0.71%

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

Joseph's Gourmet Pasta Company reported $51,312 in plan administrative expenses for 2025: 0.71% of average plan assets, above the peer median. Employer contributions averaged $1,784 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 3 years on file its reported administrative ratio fell from 0.96% to 0.71%. The plan sits in the $1M–$10M size bracket, benchmarked here against 809 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Massachusetts (2,070th of 2,726), and 9,768th of 13,661 in manufacturing. In 2025, employees put in $2.49 for every $1.00 the employer contributed; active participation has shrunk from 185 to 132 since 2022.

Plan summary
Net assets, end of year$7,783,303
Participants with balances151
Active participants132
Employer contributions$235,490
Employee contributions$585,231
Employer contribution per active participant$1,784
Average account balance$51,545
Benefits paid to participants$604,273
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$7.8M · 151 accts · $235K emplr
2024$6.6M · 173 accts · $253K emplr
2023$6.0M · 220 accts · $262K emplr
2022$5.5M · 240 accts · $312K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$31,675
Investment management$19,637
Total administrative$51,312
The Joseph's Gourmet Pasta Company 401(k) match · 2025
Employer contribution per active participant$1,784
Median for plans this size$1,464
2025$1,784 per active participant
2024$1,687 per active participant
2023$1,374 per active participant
2022$1,685 per active participant

Joseph's Gourmet Pasta Company's 2025 employer contribution ran above the $1,464 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$31,675
KATHMERE CAPITAL MANAGEMENT, LLC · Investment advisory (plan)$19,637

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

Administrative cost history4
2025$51,312 · 0.71%
2024$55,081 · 0.87%
2023$51,049 · 0.88%
2022$57,144 · 0.96%
Same employer
Similar plansManufacturing · Massachusetts
Ahead, LLC MA$8.3M · 0.76%
Employees of Wgi, Inc. MA$8.0M · 0.41%
Kpm Analytics Inc. MA$7.8M · 0.59%
Vanguard Renewables MA$7.7M · 0.04%
Gentuity, LLC MA$7.7M · 0.50%
Table Talk Pies, Inc. MA$7.5M · 0.15%
Gp&C Operations LLC. MA$7.5M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 352490334 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.