Plan Ledger DOL Form 5500 · updated monthly

Supply New England, Inc.401(k)

SUPPLY NEW ENGLAND, INC. EMPLOYEE RETIREMENT TRUST PLAN · ATTLEBORO, MA · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Supply New England, Inc. reported $26,840 in plan administrative expenses for 2024: 0.20% of average plan assets, below the peer median. Employer contributions averaged $2,622 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 0.25% to 0.20%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Massachusetts (1,578th of 2,726), and 2,437th of 4,246 in wholesale trade. In 2024, employees put in $2.10 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,243,119
Participants with balances158
Active participants150
Employer contributions$393,280
Employee contributions$823,971
Employer contribution per active participant$2,622
Average account balance$90,146
Benefits paid to participants$1,098,105
Plan auditUnmodified (clean) audit opinion
AuditorAPRIO LLP
Plan history3
Yearassets · accounts · employer contribution
2024$14.2M · 158 accts · $393K emplr
2023$12.6M · 155 accts · $362K emplr
2022$10.4M · 153 accts · $339K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,999
Investment management$22,639
Total administrative$26,840
The Supply New England, Inc. 401(k) match · 2024
Employer contribution per active participant$2,622
Median for plans this size$2,416
2024$2,622 per active participant
2023$2,352 per active participant
2022$2,275 per active participant

Supply New England, Inc.'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 · 20243
BENEFIT PLANS ADMIN SERVICES, INC. · Recordkeeping · Trusteeindirect comp
CAMBRIDGE INVESTMENT RESEARCH, INC. · Investment advisory (plan) · Investment management$33,872
RJ20, INC. · Other services$2,639

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

Recordkeeper by year2
2024BENEFIT PLANS ADMIN SERVICES, INC.
2023BENEFIT PLANS ADMIN SERVICES, INC.

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$26,840 · 0.20%
2023$31,656 · 0.28%
2022$26,832 · 0.25%
Same employer
Similar plansWholesale Trade · Massachusetts
Greenlight Biosciences Inc MA$14.1M · 0.00%
Monahan Products, LLC MA$13.7M · 0.77%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042035971 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.