Plan Ledger DOL Form 5500 · updated monthly

Night Shift Brewing401(k)

NIGHT SHIFT BREWING 401(K) P/S PLAN · CHELSEA, MA · plan year 2024

Reported admin expense ratio · 2024
0.64%

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

Night Shift Brewing reported $25,966 in plan administrative expenses for 2024: 0.64% of average plan assets, above the peer median. Employer contributions averaged $835 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 0.50% to 0.64%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Massachusetts (2,390th of 2,726), and 11,666th of 13,661 in manufacturing. In 2024, employees put in $2.07 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,137,609
Participants with balances97
Active participants116
Employer contributions$96,869
Employee contributions$200,855
Employer contribution per active participant$835
Average account balance$42,656
Benefits paid to participants$782,797
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.1M · 97 accts · $97K emplr
2023$4.0M · 319 accts · $126K emplr
2022$3.1M · 333 accts · $190K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,760
Investment management$16,206
Total administrative$25,966
The Night Shift Brewing 401(k) match · 2024
Employer contribution per active participant$835
Median for plans this size$1,313
2024$835 per active participant
2023$1,238 per active participant
2022$1,708 per active participant

Night Shift Brewing'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 · 202411
T. ROWE PRICE RPS, INC. · Recordkeeping · Trustee$25,966
AMERICAN FUNDS · Investment managementindirect comp
FEDERATED FUNDS · Investment managementindirect comp
DIMENSIONAL FUNDS · Investment managementindirect comp
ALLIANCE GLOBAL FUNDS · Investment managementindirect comp
VANGUARD GROUP · Investment managementindirect comp
LORD ABBETT · Investment managementindirect comp
MFS FUNDS · Investment managementindirect comp
PRUDENTIAL JENNISON · Investment managementindirect comp
BLACKROCK FUNDS · Investment managementindirect comp
TIAA-CREF · Investment managementindirect comp

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$25,966 · 0.64%
2023$14,713 · 0.42%
2022$16,456 · 0.50%
Similar plansManufacturing · Massachusetts
Nasoya Foods USA, LLC MA$4.6M · 0.64%
Brady Enterprises, Inc. MA$4.4M · 0.04%
Aved Electronics, LLC MA$4.3M · 1.21%
Pacific Erin Opco, LLC MA$4.1M · 0.10%
M.S. Company, Inc. MA$4.0M · 0.65%
Microtek, Inc. MA$4.0M · 1.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 450605530 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.