Plan Ledger DOL Form 5500 · updated monthly

Moors & Cabot, Inc.401(k)

MOORS & CABOT, INC. 401(K) PLAN · BOSTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Moors & Cabot, Inc. reported $24,457 in plan administrative expenses for 2024: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $680 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 0.09% to 0.12%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 1,203rd-largest of 2,726 plans among Massachusetts employers on file, and 2,851st of 4,798 in finance & insurance. In 2024, employees put in $18.59 for every $1.00 the employer contributed; active participation has shrunk from 124 to 101 since 2022.

Plan summary
Net assets, end of year$22,736,919
Participants with balances116
Active participants101
Employer contributions$68,687
Employee contributions$1,277,131
Employer contribution per active participant$680
Average account balance$196,008
Benefits paid to participants$692,287
Plan auditUnmodified (clean) audit opinion
AuditorLMHS PC
Plan history3
Yearassets · accounts · employer contribution
2024$22.7M · 116 accts · $69K emplr
2023$19.4M · 112 accts · $53K emplr
2022$15.7M · 114 accts · $63K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,457
Total administrative$24,457
The Moors & Cabot, Inc. 401(k) match · 2024
Employer contribution per active participant$680
Median for plans this size$2,416
2024$680 per active participant
2023$418 per active participant
2022$509 per active participant

Moors & Cabot, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$24,457

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$24,457 · 0.12%
2023$20,507 · 0.12%
2022$15,628 · 0.09%
Same employer
Similar plansFinance & Insurance · Massachusetts
Greenfield Savings Bank MA$24.7M · 0.02%
Carroll Enterprises, Inc. MA$23.2M · 0.28%
Direct Federal Credit Union MA$23.0M · 0.02%
Battery Management Corp. MA$22.8M · 0.01%
Align Credit Union MA$22.5M · 0.21%
Ra Capital Management LLC MA$21.5M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042644548 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.