Plan Ledger DOL Form 5500 · updated monthly

Schumacher Company, Inc.401(k)

SCHUMACHER COMPANY, INC. 401(K) PLAN · WEST BRIDGEWATER, MA · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Schumacher Company, Inc. reported $30,423 in plan administrative expenses for 2024: 0.32% of average plan assets, below the peer median. Employer contributions averaged $2,260 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 0.34% to 0.32%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Massachusetts (1,869th of 2,726), and 7,889th of 11,654 in professional & technical services. In 2024, employees put in $1.81 for every $1.00 the employer contributed; active participation has grown from 133 to 157 since 2022.

Plan summary
Net assets, end of year$10,343,647
Participants with balances168
Active participants157
Employer contributions$354,793
Employee contributions$641,325
Employer contribution per active participant$2,260
Average account balance$61,569
Benefits paid to participants$703,293
Plan auditUnmodified (clean) audit opinion
AuditorDARMODY, MERLINO & CO., LLP
Plan history3
Yearassets · accounts · employer contribution
2024$10.3M · 168 accts · $355K emplr
2023$8.8M · 204 accts · $347K emplr
2022$6.8M · 193 accts · $330K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,156
Investment management$21,267
Total administrative$30,423
The Schumacher Company, Inc. 401(k) match · 2024
Employer contribution per active participant$2,260
Median for plans this size$1,313
2024$2,260 per active participant
2023$2,412 per active participant
2022$2,485 per active participant

Schumacher Company, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20242
SENTINEL BENEFITS GROUP, INC · Recordkeeping · Pension consulting$9,156
SENTINEL PENSION ADVISORS · Investment advisory (plan)$21,267

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$30,423 · 0.32%
2023$22,710 · 0.29%
2022$24,137 · 0.34%
Similar plansProfessional & Technical Services · Massachusetts
Dgi Communications, LLC MA$10.6M · 0.44%
Fsg, Inc. MA$10.5M · 0.06%
Matter Communications, Inc. MA$10.5M · 0.59%
Medically Home Group Inc MA$10.3M · 0.51%
Complete Payroll Solutions MA$10.2M · 0.13%
Trax Retail, Inc. MA$10.2M · 0.02%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 264476965 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.