Plan Ledger DOL Form 5500 · updated monthly

Lewa America Inc401(k)

LEWA AMERICA INC 401(K) PROFIT SHARING PLAN & TRUST · HOLLISTON, MA · plan year 2023

Reported admin expense ratio · 2023
0.06%

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

Lewa America Inc reported $4,575 in plan administrative expenses for 2023: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,365 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 1 year on file its reported administrative ratio fell from 0.36% to 0.06%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Massachusetts (2,058th of 2,726), and 3,229th of 4,246 in wholesale trade. In 2023, employees put in $2.13 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,915,542
Participants with balances104
Active participants80
Employer contributions$269,194
Employee contributions$573,127
Employer contribution per active participant$3,365
Average account balance$76,111
Benefits paid to participants$428,707
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$7.9M · 104 accts · $269K emplr
2022$6.5M · 111 accts · $271K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$4,575
Total administrative$4,575
The Lewa America Inc 401(k) match · 2023
Employer contribution per active participant$3,365
Median for plans this size$1,308
2023$3,365 per active participant
2022$3,308 per active participant

Lewa America Inc's 2023 employer contribution ran above the $1,308 median for plans its size, placing it in the top 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
MAYFLOWER FINANCIAL ADVISORS · Investment advisory (participants) · Recordkeepingindirect comp

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

Administrative cost history3
2024Not separately reported
2023$4,575 · 0.06%
2022$25,244 · 0.36%
Similar plansWholesale Trade · Massachusetts
A.R. Sandri, Inc. MA$8.7M · 0.43%
Tsg Enterprises, LLC MA$8.5M · 0.85%
Maki Corporation MA$7.7M · 0.51%
Pro-Link, Inc. MA$7.6M · 0.07%
Yankee Leisure Group MA$7.3M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042446442 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.