Plan Ledger DOL Form 5500 · updated monthly

Longs Jewelers, LTD401(k)

LONG'S JEWELERS, LTD 401(K) PROFIT SHARING PLAN · BURLINGTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.53%

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

Longs Jewelers, LTD reported $79,066 in plan administrative expenses for 2024: 0.53% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,792 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 0.67% to 0.53%. 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 among the smaller plans on file in Massachusetts (1,465th of 2,726), and the 1,738th of 5,215 in retail trade. In 2024, employees put in $2.21 for every $1.00 the employer contributed; active participation has grown from 125 to 170 since 2022.

Plan summary
Net assets, end of year$16,762,506
Participants with balances152
Active participants170
Employer contributions$474,657
Employee contributions$1,049,585
Employer contribution per active participant$2,792
Average account balance$110,280
Benefits paid to participants$608,595
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.8M · 152 accts · $475K emplr
2023$13.3M · 123 accts · $204K emplr
2022$10.9M · 111 accts · $178K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$73,089
Investment management$5,977
Total administrative$79,066
The Longs Jewelers, LTD 401(k) match · 2024
Employer contribution per active participant$2,792
Median for plans this size$2,416
2024$2,792 per active participant
2023$1,499 per active participant
2022$1,423 per active participant

Longs Jewelers, LTD's 2024 employer contribution ran above 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 · 20242
JOHN HANCOCK USA · Recordkeeping · Investment management$71,964
SENTINEL BENEFITS GROUP, INC. · Recordkeeping$1,125

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

Recordkeeper by year2
2024John Hancock, Sentinel Group
2023John Hancock, Sentinel Group

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

Administrative cost history3
2024$79,066 · 0.53%
2023$72,466 · 0.60%
2022$80,491 · 0.67%
Same employer
Similar plansRetail Trade · Massachusetts
Cohere Health, Inc MA$17.3M · 0.69%
Stavis Seafoods, LLC MA$16.8M · 0.28%
Hingham Lumber Company Inc. MA$16.8M · 0.40%
A.M.A. Nantucket, Inc. MA$14.7M · 0.54%
Harr Motor Company MA$14.4M · 0.45%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 042778559 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.