Plan Ledger DOL Form 5500 · updated monthly

Robert B. Our Co., Inc.401(k)

ROBERT B. OUR CO., INC. 401(K) PROFIT SHARING PLAN · HARWICH, MA · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Robert B. Our Co., Inc. reported $86,002 in plan administrative expenses for 2024: 0.46% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,463 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 0.46%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other utilities employers. By assets it is the 1,302nd-largest of 2,726 plans among Massachusetts employers on file, and 260th of 412 in utilities. In 2024, employees put in $3.01 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,048,437
Participants with balances233
Active participants185
Employer contributions$455,634
Employee contributions$1,372,831
Employer contribution per active participant$2,463
Average account balance$86,045
Benefits paid to participants$1,233,542
Plan auditUnmodified (clean) audit opinion
AuditorDARMODY, MERLINO & CO LLP
Plan history3
Yearassets · accounts · employer contribution
2024$20.0M · 233 accts · $456K emplr
2023$17.1M · 239 accts · $274K emplr
2022$15.3M · 230 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$85,753
Total administrative$86,002
The Robert B. Our Co., Inc. 401(k) match · 2024
Employer contribution per active participant$2,463
Median for plans this size$2,416
2024$2,463 per active participant
2023$1,364 per active participant

Robert B. Our Co., Inc.'s 2024 employer contribution ran above 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 · 20243
MML INVESTORS SERVICES LLC · Investment advisory (plan)$45,584
TEAL, BECKER & CHIARAMONTE, CPAS · Contract administrator$2,711

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$86,002 · 0.46%
2023$74,022 · 0.46%
2022$82,152 · 0.47%
Same employer
Similar plansUtilities · Massachusetts
New Leaf Energy MA$29.1M · 0.36%
Strata Solar, LLC NC$22.6M · 0.55%
Dukes Root Control, Inc. IL$22.6M · 0.23%
Cleanleaf Energy, LLC MD$21.6M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042319318 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.