Security Lock Distributors, Inc.401(k)

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

Security Lock Distributors, Inc. reported $93,139 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $6,497 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 0.27%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 879th-largest of 2,726 plans among Massachusetts employers on file, and the 3,550th of 11,654 in professional & technical services. In 2024, the employer put in $2.87 for every $1.00 employees contributed themselves; active participation has grown from 253 to 283 since 2022.