Plan Ledger DOL Form 5500 · updated monthly

Paul USA, Inc401(k)

PAUL USA 401K PLAN · BOSTON, MA · plan year 2019

Reported admin expense ratio · 2019
0.28%

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

Paul USA, Inc reported $360 in plan administrative expenses for 2019: 0.28% of average plan assets, below the peer median. Employer contributions averaged $4 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 1 year on file its reported administrative ratio rose from 0.05% to 0.28%. The plan sits in the under $1M size bracket, benchmarked here against 102 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Massachusetts (2,709th of 2,726), and 2,095th of 2,240 in accommodation & food services. In 2019, employees put in $1.13 for every $1.00 the employer contributed; active participation has grown from 123 to 185 since 2018.

Plan summary
Net assets, end of year$142,003
Participants with balances13
Active participants185
Employer contributions$728
Employee contributions$824
Employer contribution per active participant$4
Average account balance$10,923
Benefits paid to participants$2,988
Plan auditUnmodified (clean) audit opinion
AuditorCST GROUP, CPAS, PC
Plan history3
Yearassets · accounts · employer contribution
2020$0
2019$142K · 13 accts · $728 emplr
2018$118K · 14 accts · $6K emplr
The Paul USA, Inc 401(k) match · 2019
Employer contribution per active participant$4
Median for plans this size$169
2019$4 per active participant
2018$49 per active participant

Paul USA, Inc's 2019 employer contribution ran below the $169 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 2019 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2020Not separately reported
2019$360 · 0.28%
2018$55 · 0.05%
Similar plansAccommodation & Food Services · Massachusetts
Houston Enterprises Inc MA$461K · 1.08%
Gomez Management Company MA$447K · 1.39%
Millennial Foods MA$154K · 1.05%
Hyde Park Burgers, LLC MA$123K · 0.31%
Beauport Hospitality LLC MA$47K · 0.17%
Wallin & Khosla LLC MA$45K · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 275254574 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.