Plan Ledger DOL Form 5500 · updated monthly

Mascoma Bank401(k)

MASCOMA BANK 401(K) PROFIT SHARING PLAN · LEBANON, NH · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Mascoma Bank reported $64,754 in plan administrative expenses for 2024: 0.09% of average plan assets, below the peer median. Employer contributions averaged $7,487 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 0.10% to 0.09%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 50th-largest of 411 plans among New Hampshire employers on file, and the 1,222nd of 4,798 in finance & insurance. In 2024, employees put in $1.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$76,171,712
Participants with balances503
Active participants387
Employer contributions$2,897,578
Employee contributions$3,242,604
Employer contribution per active participant$7,487
Average account balance$151,435
Benefits paid to participants$3,973,766
Plan auditUnmodified (clean) audit opinion
AuditorBERRY, DUNN, MCNEIL & PARKER
Plan history3
Yearassets · accounts · employer contribution
2024$76.2M · 503 accts · $2.9M emplr
2023$64.9M · 491 accts · $2.8M emplr
2022$56.5M · 480 accts · $2.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$47,754
Audit (IQPA)$17,000
Total administrative$64,754
The Mascoma Bank 401(k) match · 2024
Employer contribution per active participant$7,487
Median for plans this size$3,635
2024$7,487 per active participant
2023$6,920 per active participant
2022$6,903 per active participant

Mascoma Bank's 2024 employer contribution ran above the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
T ROWE PRICE RPS INC · Recordkeeping · Trustee$47,754
BERRYDUNN · Accounting / audit$17,000

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

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

Administrative cost history3
2024$64,754 · 0.09%
2023$69,749 · 0.11%
2022$60,404 · 0.10%
Same employer
Similar plansFinance & Insurance · New Hampshire
Riverstone Resources LLC NH$141.0M · 0.05%
Service Federal Credit Union NH$112.9M · 0.05%
Prime Buchholz LLC NH$70.9M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 020163906 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.