Plan Ledger DOL Form 5500 · updated monthly

M. S. Walker, Inc.401(k)

M.S. WALKER RETIREMENT TRUST · NORWOOD, MA · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

M. S. Walker, Inc. reported $23,400 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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 has held roughly steady near 0.039%. 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 599th-largest of 2,726 plans among Massachusetts employers on file, and the 2,714th of 13,661 in manufacturing.

Plan summary
Net assets, end of year$62,123,881
Participants with balances632
Active participants549
Employer contributions$0
Employee contributions$4,512,904
Employer contribution per active participant$0
Average account balance$98,297
Benefits paid to participants$7,671,039
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$62.1M · 632 accts
2023$57.6M · 614 accts
2022$48.9M · 582 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,962
Investment management$17,438
Total administrative$23,400
The M. S. Walker, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$3,635

M. S. Walker, Inc.'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 · 20242
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$17,438
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$6,263

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$23,400 · 0.04%
2023$23,356 · 0.04%
2022$20,482 · 0.04%
Same employer
Similar plansManufacturing · Massachusetts
Celldex Therapeutics, Inc. MA$65.1M · 0.02%
Rogers Foam Corporation MA$63.4M · 0.19%
Tech-Etch, Inc. MA$61.4M · 0.09%
Methods Machine Tools, Inc. MA$60.2M · 0.18%
Casa Systems, Inc. MA$59.9M · 0.35%
Bemis Associates, Inc. MA$57.0M · 0.14%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 041941600 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.