Plan Ledger DOL Form 5500 · updated monthly

Rubin and Rudman LLP401(k)

RUBIN AND RUDMAN LLP PROFIT SHARING PLAN · BOSTON, MA · plan year 2023

Reported admin expense ratio · 2023
0.03%

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

Rubin and Rudman LLP reported $21,885 in plan administrative expenses for 2023: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $9,157 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 0.02% to 0.13%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other professional & technical services employers. By assets it is the 560th-largest of 2,726 plans among Massachusetts employers on file, and the 2,134th of 11,654 in professional & technical services. In 2023, employees put in $1.41 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$67,422,737
Participants with balances221
Active participants135
Employer contributions$1,236,184
Employee contributions$1,744,311
Employer contribution per active participant$9,157
Average account balance$305,080
Benefits paid to participants$3,338,564
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$66.9M · 208 accts · $1.3M emplr
2023$67.4M · 221 accts · $1.2M emplr
2022$58.8M · 206 accts · $1.3M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$7,375
Investment management$14,510
Total administrative$21,885
The Rubin and Rudman LLP 401(k) match · 2023
Employer contribution per active participant$9,157
Median for plans this size$3,659
2024$8,592 per active participant
2023$9,157 per active participant
2022$10,070 per active participant

Rubin and Rudman LLP's 2023 employer contribution ran above the $3,659 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
ROCKLAND TRUST COMPANY · Investment advisory (participants) · Investment advisory (plan)$10,000

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$86,495 · 0.13%
2023$21,885 · 0.03%
2022$13,429 · 0.02%
Same employer
Similar plansProfessional & Technical Services · Massachusetts
Aafcpas, Inc. MA$68.6M · 0.07%
Infovista Technologies Inc. MA$68.5M · 0.27%
Hemenway & Barnes LLP MA$68.3M · 0.20%
Argenx US Inc. MA$67.2M · 0.05%
Flagship Pioneering, Inc. MA$65.0M · 0.01%
Axis Communications, Inc. MA$63.6M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042202844 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.