Plan Ledger DOL Form 5500 · updated monthly

Old Colony Elder Services, Inc401(k)

OLD COLONY ELDER SERVICES, INC 401K PLAN · BROCKTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.60%

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

Old Colony Elder Services, Inc reported $62,800 in plan administrative expenses for 2024: 0.60% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,729 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 0.49% to 0.60%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Massachusetts (1,813th of 2,726), and the 5,415th of 11,911 in health care & social assistance. In 2024, employees put in $1.30 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,049,588
Participants with balances338
Active participants237
Employer contributions$409,696
Employee contributions$533,335
Employer contribution per active participant$1,729
Average account balance$32,691
Benefits paid to participants$1,096,765
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.0M · 338 accts · $410K emplr
2023$9.8M · 322 accts · $377K emplr
2022$8.9M · 322 accts · $354K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,328
Trustee / custodial$47,472
Total administrative$62,800
The Old Colony Elder Services, Inc 401(k) match · 2024
Employer contribution per active participant$1,729
Median for plans this size$2,416
2024$1,729 per active participant
2023$1,631 per active participant
2022$1,566 per active participant

Old Colony Elder Services, Inc's 2024 employer contribution ran below 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 · 20241
BENEFIT PLANS ADMIN SERVICES · Recordkeeping · Custodial (securities)$62,800

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

Recordkeeper by year2
2024BENEFIT PLANS ADMIN SERVICES
2023BENEFIT PLANS ADMIN SERVICES

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

Administrative cost history3
2024$62,800 · 0.60%
2023$49,710 · 0.53%
2022$47,730 · 0.49%
Similar plansHealth Care & Social Assistance · Massachusetts
Nupath, Inc. MA$11.2M · 0.33%
Pathlight, Inc. MA$11.0M · 1.26%
Community Care Cooperative MA$10.8M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 010644916 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.