Plan Ledger DOL Form 5500 · updated monthly

Peabody Properties, Inc.401(k)

PEABODY PROPERTIES, INC. 401(K) EMPLOYEE RETIREMENT PLAN · BRAINTREE, MA · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Peabody Properties, Inc. reported $167,464 in plan administrative expenses for 2024: 0.43% of average plan assets, above the peer median. Employer contributions averaged $1,756 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 3 years on file its reported administrative ratio has held roughly steady near 0.433%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 821st-largest of 2,726 plans among Massachusetts employers on file, and the 346th of 2,096 in real estate & leasing. In 2024, employees put in $3.00 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$40,388,710
Participants with balances715
Active participants619
Employer contributions$1,086,656
Employee contributions$3,263,207
Employer contribution per active participant$1,756
Average account balance$56,488
Benefits paid to participants$6,001,031
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$40.4M · 715 accts · $1.1M emplr
2023$37.0M · 709 accts · $1.0M emplr
2022$31.1M · 695 accts · $998K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$79,495
Investment management$87,969
Total administrative$167,464
The Peabody Properties, Inc. 401(k) match · 2024
Employer contribution per active participant$1,756
Median for plans this size$2,416
2024$1,756 per active participant
2023$1,797 per active participant
2022$1,739 per active participant

Peabody Properties, 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 · 20242
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$84,009
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$79,495

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

Administrative cost history3
2024$167,464 · 0.43%
2023$142,029 · 0.42%
2022$143,344 · 0.43%
Same employer
Similar plansReal Estate & Leasing · Massachusetts
New England Business Trust MA$45.8M · 0.28%
Chestnut Hill Realty Corp. MA$43.3M · 0.34%
Cresa Partners Boston Inc MA$39.9M · 0.41%
The Dolben Company, Inc. MA$31.3M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042580140 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.