Plan Ledger DOL Form 5500 · updated monthly

Piantedosi Baking Company Inc.401(k)

PIANTEDOSI BAKING CO. INC. EMPLOYEES' SAVINGS RETIREMENT PLAN · MALDEN, MA · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Piantedosi Baking Company Inc. reported $103,111 in plan administrative expenses for 2024: 0.41% of average plan assets, above the peer median. Employer contributions averaged $2,145 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 0.41%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,089th-largest of 2,726 plans among Massachusetts employers on file, and the 4,891st of 13,661 in manufacturing. In 2024, employees put in $2.14 for every $1.00 the employer contributed; active participation has grown from 146 to 169 since 2022.

Plan summary
Net assets, end of year$26,804,689
Participants with balances247
Active participants169
Employer contributions$362,515
Employee contributions$776,065
Employer contribution per active participant$2,145
Average account balance$108,521
Benefits paid to participants$394,052
Plan auditUnmodified (clean) audit opinion
AuditorJOHNSON O'CONNOR FERON CARUCCI LLP
Plan history3
Yearassets · accounts · employer contribution
2024$26.8M · 247 accts · $363K emplr
2023$23.5M · 222 accts · $318K emplr
2022$22.2M · 228 accts · $294K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$57,111
Investment management$45,968
Total administrative$103,111
The Piantedosi Baking Company Inc. 401(k) match · 2024
Employer contribution per active participant$2,145
Median for plans this size$2,416
2024$2,145 per active participant
2023$1,962 per active participant
2022$2,011 per active participant

Piantedosi Baking Company 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
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$850
COMMONWEALTH FINANCIAL NETWORK · Investment advisory (participants)indirect comp

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$103,111 · 0.41%
2023$99,757 · 0.44%
2022$103,087 · 0.43%
Same employer
Similar plansManufacturing · Massachusetts
Nye Lubricants, Inc. MA$26.9M · 0.02%
Harmonic Drive LLC MA$26.9M · 0.27%
Plansee USA LLC MA$26.8M · 0.02%
Bake'n Joy Foods, Inc. MA$26.8M · 0.57%
Wmg Services, LLC MA$26.7M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042084140 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.