Plan Ledger DOL Form 5500 · updated monthly

Marylou's News, Inc401(k)

MARYLOU'S COFFEE PROFIT SHARING PLAN · HINGHAM, MA · plan year 2024

Reported admin expense ratio · 2024
0.56%

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

Marylou's News, Inc reported $25,025 in plan administrative expenses for 2024: 0.56% of average plan assets, above the peer median. Employer contributions averaged $1,111 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 0.12% to 0.56%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Massachusetts (2,349th of 2,726), and the 934th of 2,240 in accommodation & food services. In 2024, the employer put in $1.53 for every $1.00 employees contributed themselves; active participation has grown from 149 to 165 since 2022.

Plan summary
Net assets, end of year$4,600,162
Participants with balances194
Active participants165
Employer contributions$183,286
Employee contributions$120,109
Employer contribution per active participant$1,111
Average account balance$23,712
Benefits paid to participants$517,418
Plan auditUnmodified (clean) audit opinion
AuditorSULLIVAN AND FOLAN, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$4.6M · 194 accts · $183K emplr
2023$4.3M · 320 accts · $179K emplr
2022$3.4M · 282 accts · $207K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,325
Total administrative$25,025
The Marylou's News, Inc 401(k) match · 2024
Employer contribution per active participant$1,111
Median for plans this size$1,313
2024$1,111 per active participant
2023$1,252 per active participant
2022$1,392 per active participant

Marylou's News, Inc's 2024 employer contribution ran below the $1,313 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 · 20241
MARINO, STRAM AND ASSOCIATES, LLCindirect 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
2024$25,025 · 0.56%
2023$5,600 · 0.14%
2022$3,800 · 0.12%
Similar plansAccommodation & Food Services · Massachusetts
The Briar Group, LLC MA$6.4M · 0.82%
Mastoran Corporation MA$6.2M · 0.14%
Kellys Roast Beef, Inc. MA$5.3M · 0.53%
Nexdine, LLC MA$4.1M · 0.88%
Morin's Incorporated MA$4.0M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042977778 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.