Plan Ledger DOL Form 5500 · updated monthly

Robert J. Devereaux Corporation401(k)

ROBERT J. DEVEREAUX CORPORATION 401(K) PROFIT SHARING PLAN · MALDEN, MA · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Robert J. Devereaux Corporation reported $19,433 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,341 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 rose from 0.04% to 0.10%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 1,308th-largest of 2,726 plans among Massachusetts employers on file, and the 2,017th of 5,337 in construction. In 2024, employees put in $3.28 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,945,258
Participants with balances170
Active participants282
Employer contributions$378,262
Employee contributions$1,239,358
Employer contribution per active participant$1,341
Average account balance$117,325
Benefits paid to participants$1,747,978
Plan auditUnmodified (clean) audit opinion
AuditorDARMODY, MERLINO & CO, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$19.9M · 170 accts · $378K emplr
2023$19.2M · 165 accts · $347K emplr
2022$15.4M · 167 accts · $338K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,900
Investment management$14,733
Total administrative$19,433
The Robert J. Devereaux Corporation 401(k) match · 2024
Employer contribution per active participant$1,341
Median for plans this size$2,416
2024$1,341 per active participant
2023$1,245 per active participant
2022$1,247 per active participant

Robert J. Devereaux Corporation's 2024 employer contribution ran below 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 · 20241
THE ANGELL PENSION GROUP, INC. · Other services$9,871

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$19,433 · 0.10%
2023$19,502 · 0.11%
2022$6,950 · 0.04%
Similar plansConstruction · Massachusetts
Lorusso Corporation MA$21.1M · 0.01%
E. Amanti & Sons, Inc. MA$19.9M · 0.38%
Thomas G. Gallagher, Inc. MA$19.4M · 0.21%
E.M. Duggan, Inc. MA$18.3M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042448905 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.