Plan Ledger DOL Form 5500 · updated monthly

Symmes Maini & McKee Assoc. Inc.401(k)

SYMMES, MAINI & MCKEE ASSOCIATES, INC. 401K PLAN · CAMBRIDGE, MA · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Symmes Maini & McKee Assoc. Inc. reported $89,286 in plan administrative expenses for 2024: 0.15% of average plan assets, above the peer median. Employer contributions averaged $4,147 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 0.00% to 0.15%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 587th-largest of 2,726 plans among Massachusetts employers on file, and the 2,249th of 11,654 in professional & technical services. In 2024, employees put in $2.77 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$63,241,912
Participants with balances285
Active participants209
Employer contributions$866,742
Employee contributions$2,402,449
Employer contribution per active participant$4,147
Average account balance$221,901
Benefits paid to participants$5,148,255
Plan auditUnmodified (clean) audit opinion
AuditorKING MCNAMARA AND MORIARTY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$63.2M · 285 accts · $867K emplr
2023$56.0M · 277 accts · $1.2M emplr
2022$47.3M · 284 accts · $778K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$89,286
Total administrative$89,286
The Symmes Maini & McKee Assoc. Inc. 401(k) match · 2024
Employer contribution per active participant$4,147
Median for plans this size$3,635
2024$4,147 per active participant
2023$6,400 per active participant
2022$3,705 per active participant

Symmes Maini & McKee Assoc. Inc.'s 2024 employer contribution ran above the $3,635 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 · 20244
THE PARAGON ALLIANCE GROUP LLC · Contract administrator$15,018
EMPOWER ADVISORY GROUP, LLC · Investment management$2,946
J ALDEN ASSOCIATES INCindirect comp

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$89,286 · 0.15%
2023$1,121 · 0.00%
2022$625 · 0.00%
All plans at this employer2
SYMMES MAINI & MCKEE ASSOCIATES, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
SYMMES, MAINI & MCKEE ASSOCIATES, INC. 401K PLAN401(k)
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 042745179 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.