Plan Ledger DOL Form 5500 · updated monthly

New Chapter, Inc.401(k)

NEW CHAPTER, INC. 401(K) PLAN · BRATTLEBORO, VT · plan year 2024

Reported admin expense ratio · 2024
0.50%

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

New Chapter, Inc. reported $90,662 in plan administrative expenses for 2024: 0.50% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,454 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 0.53% to 0.50%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 100th-largest of 230 plans among Vermont employers on file, and the 1,940th of 4,246 in wholesale trade. In 2024, employees put in $2.07 for every $1.00 the employer contributed; active participation has grown from 167 to 185 since 2022.

Plan summary
Net assets, end of year$19,463,720
Participants with balances280
Active participants185
Employer contributions$639,010
Employee contributions$1,325,043
Employer contribution per active participant$3,454
Average account balance$69,513
Benefits paid to participants$1,380,542
Plan auditUnmodified (clean) audit opinion
AuditorDOWNEY, PIECIAK, FITZGERALD & CO
Plan history3
Yearassets · accounts · employer contribution
2024$19.5M · 280 accts · $639K emplr
2023$16.7M · 263 accts · $530K emplr
2022$14.1M · 254 accts · $504K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$44,938
Investment management$45,724
Total administrative$90,662
The New Chapter, Inc. 401(k) match · 2024
Employer contribution per active participant$3,454
Median for plans this size$2,416
2024$3,454 per active participant
2023$2,945 per active participant
2022$3,020 per active participant

New Chapter, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20242
JOHN HANCOCK LIFE INS. CO. USA · Recordkeeping$528
TRG INVESTMENT ADVISORS, LLC · Investment advisory (participants)$45,724

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$90,662 · 0.50%
2023$79,454 · 0.52%
2022$79,795 · 0.53%
Same employer
Similar plansWholesale Trade · Vermont
Burton Corporation VT$86.7M · 0.29%
S.B. Collins, Inc. VT$9.7M · 0.87%
E Block, Corp. VT$5.8M · 1.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 030301418 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.