Plan Ledger DOL Form 5500 · updated monthly

Kamco Supply Corporation of Boston401(k)

KAMCO SUPPLY CORPORATION OF BOSTON 401(K) PROFIT SHARING PLAN · WOBURN, MA · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Kamco Supply Corporation of Boston reported $60,378 in plan administrative expenses for 2024: 0.15% of average plan assets, below the peer median. Employer contributions averaged $1,598 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 0.06% to 0.15%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 804th-largest of 2,726 plans among Massachusetts employers on file, and the 757th of 5,215 in retail trade. In 2024, employees put in $2.95 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$41,716,964
Participants with balances275
Active participants312
Employer contributions$498,455
Employee contributions$1,470,729
Employer contribution per active participant$1,598
Average account balance$151,698
Benefits paid to participants$2,244,950
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$41.7M · 275 accts · $498K emplr
2023$36.3M · 275 accts · $481K emplr
2022$32.9M · 287 accts · $465K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,505
Investment management$38,873
Total administrative$60,378
The Kamco Supply Corporation of Boston 401(k) match · 2024
Employer contribution per active participant$1,598
Median for plans this size$2,416
2024$1,598 per active participant
2023$1,589 per active participant
2022$1,580 per active participant

Kamco Supply Corporation of Boston's 2024 employer contribution ran below 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 · 20244
WINTHROP ADVISORY GROUP LLC · Investment advisory (plan)$28,961
WHITNEY PENSION ASSOCIATES, INC. · Contract administrator$21,615
LPL FINANCIAL LLC · Investment advisory (plan)$9,172

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$60,378 · 0.15%
2023$32,190 · 0.09%
2022$20,015 · 0.06%
Same employer
Similar plansRetail Trade · Massachusetts
Balise Motor Sales Company MA$44.9M · 0.11%
Christmas Tree Shops MA$44.1M · 0.35%
Peabody Motor Sports, Inc. MA$38.1M · 0.08%
Princess House, Inc. MA$36.9M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042718606 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.