Plan Ledger DOL Form 5500 · updated monthly

Kaloutas Painting401(k)

KALOUTAS 401(K) PLAN · PEABODY, MA · plan year 2025

Reported admin expense ratio · 2025
0.74%

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

Kaloutas Painting reported $51,450 in plan administrative expenses for 2025: 0.74% of average plan assets, above the peer median. Employer contributions averaged $699 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 0.99% to 0.74%. The plan sits in the $1M–$10M size bracket, benchmarked here against 809 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Massachusetts (2,065th of 2,726), and 3,417th of 5,337 in construction. In 2025, employees put in $7.64 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,833,282
Participants with balances168
Active participants127
Employer contributions$88,791
Employee contributions$678,292
Employer contribution per active participant$699
Average account balance$46,627
Benefits paid to participants$206,832
Plan auditUnmodified (clean) audit opinion
AuditorEJ CALLAHAN & ASSOCIATES, LLC
Plan history4
Yearassets · accounts · employer contribution
2025$7.8M · 168 accts · $89K emplr
2024$6.2M · 181 accts · $18K emplr
2023$5.2M · 192 accts · $234K emplr
2022$4.0M · 183 accts · $293K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$51,450
Total administrative$51,450
The Kaloutas Painting 401(k) match · 2025
Employer contribution per active participant$699
Median for plans this size$1,464
2025$699 per active participant
2024$136 per active participant
2023$1,858 per active participant
2022$2,203 per active participant

Kaloutas Painting's 2025 employer contribution ran below the $1,464 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20253
RETIREMENT RESOURCES INV. CORP · Investment advisory (plan)$23,179
SETAWAY LLC$16,782

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$51,450 · 0.74%
2024$47,113 · 0.83%
2023$40,519 · 0.89%
2022$40,296 · 0.99%
Same employer
Similar plansConstruction · Massachusetts
Cape Associates, Inc. MA$10.0M · 0.71%
Sumco Eco-Contracting, LLC MA$10.0M · 0.62%
Lighthouse Masonry, Inc. MA$9.1M · 0.09%
Rch Roofing Corporation MA$7.5M · 1.28%
Electrical Dynamics, Inc. MA$7.3M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043018131 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.