Plan Ledger DOL Form 5500 · updated monthly

Julia O Faigel Dmd, PC401(k)

DR. DENTAL 401(K) PLAN · EAST BOSTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Julia O Faigel Dmd, PC reported $9,026 in plan administrative expenses for 2024: 0.14% of average plan assets, lower than ~75% of peers. Employer contributions averaged $832 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 0.10% to 0.14%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Massachusetts (2,106th of 2,726), and 8,924th of 11,654 in professional & technical services. In 2024, employees put in $4.36 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,359,415
Participants with balances194
Active participants288
Employer contributions$239,576
Employee contributions$1,043,751
Employer contribution per active participant$832
Average account balance$37,935
Benefits paid to participants$819,672
Plan auditUnmodified (clean) audit opinion
AuditorJOHNSON OCONNOR FERON & CARUCCI
Plan history3
Yearassets · accounts · employer contribution
2024$7.4M · 194 accts · $240K emplr
2023$5.8M · 181 accts · $201K emplr
2022$4.4M · 167 accts · $162K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,026
Total administrative$9,026
The Julia O Faigel Dmd, PC 401(k) match · 2024
Employer contribution per active participant$832
Median for plans this size$1,313
2024$832 per active participant
2023$717 per active participant
2022$523 per active participant

Julia O Faigel Dmd, PC's 2024 employer contribution ran below the $1,313 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 · 20243
SRPC, INC · Recordkeeping · Trustee$31,776
ADP, INC. · Recordkeeping$9,026
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP, SRPC, INC
2023ADP, SRPC, INC

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

Administrative cost history3
2024$9,026 · 0.14%
2023$5,105 · 0.10%
2022$4,423 · 0.10%
Similar plansProfessional & Technical Services · Massachusetts
Biocair, Inc MA$7.6M · 0.74%
6K Inc. MA$7.6M · 0.21%
Energysage, Inc MA$7.3M · 0.08%
Cellarity, Inc MA$7.3M · 0.02%
Navix Diagnostix, Inc. MA$7.2M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201230800 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.