Plan Ledger DOL Form 5500 · updated monthly

T.F. Boyle Transportation Inc.401(k)

BOYLE TRANSPORTATION 401K PLAN · BILLERICA, MA · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

T.F. Boyle Transportation Inc. reported $5,882 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,428 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 0.02% to 0.03%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 1,319th-largest of 2,726 plans among Massachusetts employers on file, and the 741st of 2,677 in transportation & warehousing. In 2024, employees put in $4.09 for every $1.00 the employer contributed; active participation has grown from 181 to 269 since 2022.

Plan summary
Net assets, end of year$19,747,537
Participants with balances348
Active participants269
Employer contributions$384,008
Employee contributions$1,569,376
Employer contribution per active participant$1,428
Average account balance$56,746
Benefits paid to participants$1,972,748
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$19.7M · 348 accts · $384K emplr
2023$15.4M · 195 accts · $305K emplr
2022$14.9M · 192 accts · $272K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,882
Total administrative$5,882
The T.F. Boyle Transportation Inc. 401(k) match · 2024
Employer contribution per active participant$1,428
Median for plans this size$2,416
2024$1,428 per active participant
2023$878 per active participant
2022$1,502 per active participant

T.F. Boyle Transportation Inc.'s 2024 employer contribution ran below 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
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Loan processing$9,482
RAYMOND JAMES FNCL SRVS · Consultingindirect comp

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

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

Administrative cost history3
2024$5,882 · 0.03%
2023$3,911 · 0.03%
2022$2,916 · 0.02%
Similar plansTransportation & Warehousing · Massachusetts
Lily Transportation Corp. MA$31.1M · 0.24%
Enstructure LLC MA$30.6M · 0.06%
N.R.F. Distributors, Inc. MA$22.3M · 0.43%
C.H. Powell Company MA$18.7M · 0.20%
Sterling Corporation MA$18.6M · 0.60%
Rts Holdings, LLC MA$18.5M · 0.76%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042490871 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.