Plan Ledger DOL Form 5500 · updated monthly

Pyramid Advisors Limited Partnership401(k)

PYRAMID ADVISORS 401(K) PLAN · BOSTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Pyramid Advisors Limited Partnership reported $463,947 in plan administrative expenses for 2024: 0.21% of average plan assets, above the peer median. Employer contributions averaged $431 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 0.30% to 0.21%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other accommodation & food services employers. By assets it is the 216th-largest of 2,726 plans among Massachusetts employers on file, and the 42nd of 2,240 in accommodation & food services. In 2024, employees put in $2.71 for every $1.00 the employer contributed; active participation has grown from 6,345 to 21,328 since 2022.

Plan summary
Net assets, end of year$246,787,863
Participants with balances6,731
Active participants21,328
Employer contributions$9,201,033
Employee contributions$24,954,433
Employer contribution per active participant$431
Average account balance$36,664
Benefits paid to participants$28,178,396
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$246.8M · 6,731 accts · $9.2M emplr
2023$203.2M · 5,555 accts · $5.7M emplr
2022$99.4M · 2,617 accts · $1.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$229,323
Investment management$2,341
Audit (IQPA)$15,950
Total administrative$463,947
The Pyramid Advisors Limited Partnership 401(k) match · 2024
Employer contribution per active participant$431
Median for plans this size$3,635
2024$431 per active participant
2023$396 per active participant
2022$277 per active participant

Pyramid Advisors Limited Partnership's 2024 employer contribution ran below the $3,635 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$229,323
CARON & BLETZER PLLC · Accounting / audit$15,950

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$463,947 · 0.21%
2023$378,553 · 0.25%
2022$319,661 · 0.30%
Similar plansAccommodation & Food Services · Massachusetts
Red Lobster Management LLC FL$257.4M · 0.22%
Sky Chefs, Inc. TX$256.7M · 0.20%
Red Lobster Restaurants, LLC FL$238.8M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043505086 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.