Plan Ledger DOL Form 5500 · updated monthly

Pathways for Children, Inc.401(k)

PATHWAYS FOR CHILDREN, INC. 401(K) PLAN · GLOUCESTER, MA · plan year 2022

Reported admin expense ratio · 2022
1.07%

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

Pathways for Children, Inc. reported $22,393 in plan administrative expenses for 2022: 1.07% of average plan assets, higher than ~75% of peers. Employer contributions averaged $440 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Massachusetts (2,583rd of 2,726), and 10,163rd of 11,911 in health care & social assistance. In 2022, employees put in $3.17 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,869,835
Participants with balances71
Active participants116
Employer contributions$51,007
Employee contributions$161,502
Employer contribution per active participant$440
Average account balance$26,336
Benefits paid to participants$309,127
Plan auditUnmodified (clean) audit opinion
AuditorAAFCPAS
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$22,393
Total administrative$22,393
The Pathways for Children, Inc. 401(k) match · 2022
Employer contribution per active participant$440
Median for plans this size$1,114

Pathways for Children, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$22,393 · 1.07%
Same employer
Similar plansHealth Care & Social Assistance · Massachusetts
Centerboard, Inc. MA$1.9M · 0.16%
Roca, Inc. MA$1.9M · 0.72%
Bridges Homeward, Inc. MA$1.8M · 0.74%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042694002 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.