Plan Ledger DOL Form 5500 · updated monthly

O'Connor & Drew P.C.401(k)

O'CONNOR & DREW EMPLOYEE 401(K) PROFIT SHARING PLAN · BRAINTREE, MA · plan year 2022

Reported admin expense ratio · 2022
0.06%

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

O'Connor & Drew P.C. reported $15,246 in plan administrative expenses for 2022: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,236 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 $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,174th-largest of 2,726 plans among Massachusetts employers on file, and the 4,973rd of 11,654 in professional & technical services. In 2022, employees put in $3.16 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$23,525,522
Participants with balances185
Active participants138
Employer contributions$446,571
Employee contributions$1,412,897
Employer contribution per active participant$3,236
Average account balance$127,165
Benefits paid to participants$1,142,749
Plan auditUnmodified (clean) audit opinion
AuditorJOHNSON O'CONNOR FERON & CARUCCI LL
The O'Connor & Drew P.C. 401(k) match · 2022
Employer contribution per active participant$3,236
Median for plans this size$2,266

O'Connor & Drew P.C.'s 2022 employer contribution ran above the $2,266 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$15,246 · 0.06%
Similar plansProfessional & Technical Services · Massachusetts
Snyk, Inc. MA$23.6M · 0.40%
Forma Therapeutics, Inc. MA$23.6M · 0.13%
Officeworks, Inc. MA$23.4M · 0.26%
Corevitas, LLC MA$23.4M · 0.30%
Logixhealth, Inc MA$23.2M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043000523 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.