Plan Ledger DOL Form 5500 · updated monthly

Primo Medical Group, Inc.401(k)

PRIMO MEDICAL GROUP, INC. 401(K) PROFIT SHARING PLAN · STOUGHTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.20%

Primo Medical Group, Inc. reported $35,142 in plan administrative expenses for 2024: 0.20% of average plan assets, below the peer median. 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 rose from 0.02% to 0.20%. 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 among the smaller plans on file in Massachusetts (1,384th of 2,726), and the 6,230th of 13,661 in manufacturing. active participation has grown from 257 to 378 since 2022.

Plan summary
Net assets, end of year$18,482,079
Participants with balances486
Active participants378
Employer contributions—
Employee contributions$1,499,030
Employer contribution per active participant—
Average account balance$38,029
Benefits paid to participants$1,367,153
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.5M · 486 accts
2023$15.9M · 412 accts
2022$14.0M · 363 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,891
Total administrative$35,142
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$5,891
ROCKLAND TRUST · Investment advisory (plan)$29,251

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$35,142 · 0.20%
2023$5,653 · 0.04%
2022$3,764 · 0.02%
Same employer
Similar plansManufacturing · Massachusetts
Access Tca, Inc. MA$18.9M · 0.01%
Amylyx Pharmaceuticals Inc. MA$18.8M · 0.07%
Uniqure, Inc. MA$18.6M · 0.38%
Whoop Inc. MA$18.5M · 0.11%
Edge One LLC MA$18.3M · 0.10%
Modern Dispersions MA$18.3M · 0.36%
Conformis, Inc. MA$18.1M · 0.62%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042224896 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.