Plan Ledger DOL Form 5500 · updated monthly

Kraft Group LLC401(k)

KRAFT GROUP RETIREMENT AND 401(K) PLAN · FOXBOROUGH, MA · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Kraft Group LLC reported $134,011 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $1,887 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 fell from 0.08% to 0.07%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 258th-largest of 2,726 plans among Massachusetts employers on file, and the 1,169th of 13,661 in manufacturing. In 2024, employees put in $2.06 for every $1.00 the employer contributed; active participation has shrunk from 3,693 to 2,407 since 2022.

Plan summary
Net assets, end of year$198,639,972
Participants with balances1,525
Active participants2,407
Employer contributions$4,541,949
Employee contributions$9,356,851
Employer contribution per active participant$1,887
Average account balance$130,256
Benefits paid to participants$17,220,281
Plan auditUnmodified (clean) audit opinion
AuditorERNST AND YOUNG
Plan history3
Yearassets · accounts · employer contribution
2024$198.6M · 1,525 accts · $4.5M emplr
2023$173.3M · 1,523 accts · $4.2M emplr
2022$142.2M · 1,350 accts · $3.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$134,011
Total administrative$134,011
The Kraft Group LLC 401(k) match · 2024
Employer contribution per active participant$1,887
Median for plans this size$3,635
2024$1,887 per active participant
2023$1,049 per active participant
2022$937 per active participant

Kraft Group LLC's 2024 employer contribution ran below the $3,635 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 · 20241

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$134,011 · 0.07%
2023$159,081 · 0.10%
2022$124,715 · 0.08%
Same employer
Similar plansManufacturing · Massachusetts
Kadant Inc. MA$207.7M · 0.04%
Vicor Corporation MA$203.0M · 0.15%
Sarepta Therapeutics, Inc. MA$202.5M · 0.10%
Brooks Automation US, LLC. MA$189.7M · 0.07%
Novanta Corporation MA$186.9M · 0.06%
Viant Medical, LLC MA$180.8M · 0.07%
Nova Biomedical Corporation MA$180.2M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043288096 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.