Plan Ledger DOL Form 5500 · updated monthly

Potpourri Group, Inc.401(k)

POTPOURRI GROUP, INC. 401(K) RETIREMENT AND SAVINGS PLAN · NORTH BILLERICA, MA · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Potpourri Group, Inc. reported $64,258 in plan administrative expenses for 2024: 0.22% of average plan assets, below the peer median. Employer contributions averaged $1,529 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 2 years on file its reported administrative ratio fell from 0.29% to 0.22%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 982nd-largest of 2,726 plans among Massachusetts employers on file, and the 1,002nd of 5,215 in retail trade. In 2024, employees put in $3.29 for every $1.00 the employer contributed; active participation has shrunk from 347 to 300 since 2022.

Plan summary
Net assets, end of year$31,055,253
Participants with balances270
Active participants300
Employer contributions$458,618
Employee contributions$1,510,846
Employer contribution per active participant$1,529
Average account balance$115,019
Benefits paid to participants$1,880,730
Plan auditUnmodified (clean) audit opinion
AuditorBOIVIN & ASSOCIATES, CPA, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$31.1M · 270 accts · $459K emplr
2023$27.3M · 288 accts · $452K emplr
2022$24.3M · 306 accts · $499K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,263
Investment management$44,995
Total administrative$64,258
The Potpourri Group, Inc. 401(k) match · 2024
Employer contribution per active participant$1,529
Median for plans this size$2,416
2024$1,529 per active participant
2023$1,310 per active participant
2022$1,439 per active participant

Potpourri Group, 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
SENTINEL PENSION ADVISORS · Investment advisory (plan)$44,995
FIDELITY INVEST INSTL OPS CO LLC · Loan processing$19,263

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$64,258 · 0.22%
2023$67,275 · 0.26%
2022$75,210 · 0.29%
Same employer
Similar plansRetail Trade · Massachusetts
Princess House, Inc. MA$36.9M · 0.21%
Diesel Direct MA$33.9M · 0.53%
Village Motors, Inc. MA$32.6M · 0.35%
Newbury Comics, Inc. MA$29.6M · 0.14%
Christianbook, LLC MA$28.5M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 522078918 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.