Plan Ledger DOL Form 5500 · updated monthly

Pr Management, Corp.401(k)

PR MANAGEMENT, CORP. RETIREMENT PLAN · NEWTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Pr Management, Corp. reported $18,215 in plan administrative expenses for 2024: 0.18% of average plan assets, below the peer median. Employer contributions averaged $114 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 0.18%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Massachusetts (1,838th of 2,726), and the 525th of 2,240 in accommodation & food services. In 2024, employees put in $5.81 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,761,269
Participants with balances270
Active participants1,331
Employer contributions$151,788
Employee contributions$881,449
Employer contribution per active participant$114
Average account balance$39,857
Benefits paid to participants$1,161,727
Plan auditUnmodified (clean) audit opinion
AuditorBARDON & BRACKMAN CPAS AND BUSINESS
Plan history3
Yearassets · accounts · employer contribution
2024$10.8M · 270 accts · $152K emplr
2023$9.4M · 279 accts · $149K emplr
2022$8.1M · 285 accts · $136K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,215
Investment management$11,000
Total administrative$18,215
The Pr Management, Corp. 401(k) match · 2024
Employer contribution per active participant$114
Median for plans this size$2,416
2024$114 per active participant
2023$120 per active participant
2022$107 per active participant

Pr Management, Corp.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
TRANSAMERICA LIFE INSURANCE COMPANY · Recordkeeping · Loan processing$7,215
PINNACLE PENSION CONSULTANTS, LLC · Investment advisory (plan)$11,000

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$18,215 · 0.18%
2023$16,697 · 0.19%
2022$16,893 · 0.19%
Similar plansAccommodation & Food Services · Massachusetts
Odysseys Unlimited, Inc. MA$16.3M · 0.28%
Sole Proprietor, Inc. MA$10.3M · 1.16%
Lafrance Brothers, Inc. MA$9.9M · 0.56%
Saunders Hotel Group, LLC MA$9.2M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 010757637 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.