Plan Ledger DOL Form 5500 · updated monthly

The Leavitt Corporation401(k)

THE LEAVITT CORPORATION RETIREMENT PLAN · EVERETT, MA · plan year 2023

Reported admin expense ratio · 2023
0.01%

The Leavitt Corporation reported $561 in plan administrative expenses for 2023: 0.01% of average plan assets, lower than ~75% of peers. 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 0.01% to 0.05%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Massachusetts (2,082nd of 2,726), and 1,923rd of 3,341 in other services.

Plan summary
Net assets, end of year$7,626,415
Participants with balances107
Active participants85
Employer contributions—
Employee contributions$362,902
Employer contribution per active participant—
Average account balance$71,275
Benefits paid to participants$981,583
Plan auditUnmodified (clean) audit opinion
AuditorBRITT AND COMPANY CPA LLC
Plan history3
Yearassets · accounts · employer contribution
2024$7.4M · 102 accts · $258K emplr
2023$7.6M · 107 accts
2022$7.3M · 106 accts · $259K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$561
Total administrative$561
What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$3,513 · 0.05%
2023$561 · 0.01%
2022$625 · 0.01%
Similar plansOther Services · Massachusetts
Hopewell Inc. MA$9.7M · 0.05%
Cape Abilities, Inc. MA$7.3M · 0.01%
The Davis Companies, Inc. MA$7.2M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 041531280 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.