Plan Ledger DOL Form 5500 · updated monthly

Specialty Commerce Corp.401(k)

SPECIALTY COMMERCE CORP. RETIREMENT SAVINGS PLAN · W BRIDGEWATER, MA · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Specialty Commerce Corp. reported $53,537 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $2,541 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 0.342%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Massachusetts (1,498th of 2,726), and 1,162nd of 2,199 in information & media. In 2024, employees put in $2.03 for every $1.00 the employer contributed; active participation has shrunk from 141 to 119 since 2022.

Plan summary
Net assets, end of year$16,105,177
Participants with balances168
Active participants119
Employer contributions$302,408
Employee contributions$613,247
Employer contribution per active participant$2,541
Average account balance$95,864
Benefits paid to participants$1,891,406
Plan auditUnmodified (clean) audit opinion
AuditorWS CPAS, P.C
Plan history4
Yearassets · accounts · employer contribution
2025$0 · $154K emplr
2024$16.1M · 168 accts · $302K emplr
2023$15.2M · 187 accts · $338K emplr
2022$13.2M · 190 accts · $328K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,115
Investment management$26,422
Total administrative$53,537
The Specialty Commerce Corp. 401(k) match · 2024
Employer contribution per active participant$2,541
Median for plans this size$2,416
2024$2,541 per active participant
2023$2,562 per active participant
2022$2,325 per active participant

Specialty Commerce Corp.'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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$27,115
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$26,422

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history4
2025Not separately reported
2024$53,537 · 0.34%
2023$48,867 · 0.34%
2022$50,084 · 0.34%
Same employer
Similar plansInformation & Media · Massachusetts
Starburst Data, Inc. MA$17.8M · 0.05%
Dynamo Software, Inc. MA$16.7M · 0.28%
Pubmark, Inc MA$15.5M · 0.00%
Courier Plus, Inc. MA$15.1M · 0.87%
Rxadvance Corporation MA$15.0M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133507136 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.