Plan Ledger DOL Form 5500 · updated monthly

Quality Beverage Limited Partnership401(k)

QUALITY BEVERAGE 401(K) PLAN · TAUNTON, MA · plan year 2023

Reported admin expense ratio · 2023
0.05%

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

Quality Beverage Limited Partnership reported $10,570 in plan administrative expenses for 2023: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,737 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 1 year on file its reported administrative ratio fell from 0.08% to 0.05%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,171st-largest of 2,726 plans among Massachusetts employers on file, and the 1,654th of 4,246 in wholesale trade. In 2023, employees put in $1.55 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$23,592,947
Participants with balances159
Active participants117
Employer contributions$554,240
Employee contributions$857,109
Employer contribution per active participant$4,737
Average account balance$148,383
Benefits paid to participants$3,472,955
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$23.6M · 159 accts · $554K emplr
2022$22.1M · 155 accts · $534K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$10,570
Total administrative$10,570
The Quality Beverage Limited Partnership 401(k) match · 2023
Employer contribution per active participant$4,737
Median for plans this size$2,440
2023$4,737 per active participant
2022$4,453 per active participant

Quality Beverage Limited Partnership's 2023 employer contribution ran above the $2,440 median for plans its size, placing it in the top 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
THE ANGELL PENSION GROUP INC.$8,052
ASCENSUS$2,518

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

Administrative cost history3
2024Not separately reported
2023$10,570 · 0.05%
2022$19,834 · 0.08%
Same employer
Similar plansWholesale Trade · Massachusetts
Catania-Spagna Corporation MA$26.3M · 0.10%
Rhode Island Novelty MA$24.7M · 0.13%
Asahi/America, Inc MA$24.1M · 0.08%
Pierce Aluminum Co., Inc. MA$23.6M · 0.09%
Rex Lumber Company MA$22.9M · 0.47%
Yusen Associates, Inc. MA$22.8M · 0.44%
Dennis K. Burke, Inc. MA$21.5M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 431683474 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.