Plan Ledger DOL Form 5500 · updated monthly

Perkins School for the Blind401(k)

PERKINS SCHOOL FOR THE BLIND RETIREMENT PLAN · WATERTOWN, MA · plan year 2025

Reported admin expense ratio · 2025
0.11%

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

Perkins School for the Blind reported $89,144 in plan administrative expenses for 2025: 0.11% of average plan assets, below the peer median. Employer contributions averaged $2,639 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 rose from 0.05% to 0.11%. The plan sits in the $50M–$250M size bracket, benchmarked here against 605 comparable plans and shown alongside other educational services employers. By assets it is the 461st-largest of 2,726 plans among Massachusetts employers on file, and the 590th of 3,091 in educational services. In 2025, employees put in $1.96 for every $1.00 the employer contributed; active participation has grown from 560 to 666 since 2022.

Plan summary
Net assets, end of year$88,884,882
Participants with balances1,048
Active participants666
Employer contributions$1,757,408
Employee contributions$3,441,875
Employer contribution per active participant$2,639
Average account balance$84,814
Benefits paid to participants$10,782,406
Plan auditUnmodified (clean) audit opinion
AuditorCARON & BLETZER P LLC
Plan history4
Yearassets · accounts · employer contribution
2025$88.9M · 1,048 accts · $1.8M emplr
2024$80.2M · 1,113 accts · $1.3M emplr
2023$80.0M · 1,123 accts · $3.6M emplr
2022$68.0M · 1,066 accts · $3.5M emplr
The Perkins School for the Blind 401(k) match · 2025
Employer contribution per active participant$2,639
Median for plans this size$4,093
2025$2,639 per active participant
2024$2,064 per active participant
2023$5,717 per active participant
2022$6,195 per active participant

Perkins School for the Blind's 2025 employer contribution ran below the $4,093 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20253
ROPES & GRAY · Legal$49,810
KESTRA ADVISORY SERVICES, LLC · Investment advisory (plan)$38,000

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

Administrative cost history4
2025$89,144 · 0.11%
2024$12,099 · 0.02%
2023$108,513 · 0.15%
2022$33,553 · 0.05%
Same employer
Similar plansEducational Services · Massachusetts
Elderhostel Inc. MA$98.2M · 0.13%
Groton School MA$97.4M · 0.13%
Thayer Academy MA$90.5M · 0.05%
New England Law Boston MA$87.0M · 0.04%
Year Up, Inc. MA$81.4M · 0.20%
New England Conservatory MA$78.3M · 0.03%
Tabor Academy MA$77.5M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042103616 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.