Plan Ledger DOL Form 5500 · updated monthly

Mason Wright Foundation, Inc.401(k)

MASON WRIGHT 401(K) PLAN · SPRINGFIELD, MA · plan year 2022

Reported admin expense ratio · 2022
0.76%

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

Mason Wright Foundation, Inc. reported $3,918 in plan administrative expenses for 2022: 0.76% of average plan assets, below the peer median. Employer contributions averaged $359 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Massachusetts (2,675th of 2,726), and 3,165th of 3,341 in other services. In 2022, employees put in $1.78 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$570,730
Participants with balances39
Active participants149
Employer contributions$53,533
Employee contributions$95,452
Employer contribution per active participant$359
Average account balance$14,634
Benefits paid to participants$8,717
Plan auditUnmodified (clean) audit opinion
AuditorMEYERS BROTHERS KALICKA, P.C.
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$1,612
Investment management$2,306
Total administrative$3,918
The Mason Wright Foundation, Inc. 401(k) match · 2022
Employer contribution per active participant$359
Median for plans this size$331

Mason Wright Foundation, Inc.'s 2022 employer contribution ran above the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$3,918 · 0.76%
Similar plansOther Services · Massachusetts
Hannah Bg Shaw Home, Inc MA$1.5M · 0.70%
The United Arc, Inc. MA$806K · 0.02%
Chd Ventures LLC MA$156K · 0.21%
Cbt Management LLC MA$140K · 5.03%
Lug Away LLC MA$22K · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042105936 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.