Plan Ledger DOL Form 5500 · updated monthly

The Middlesex Corporation401(k)

THE MIDDLESEX CORPORATION RETIREMENT SAVINGS PLAN · LITTLETON, MA · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

The Middlesex Corporation reported $201,211 in plan administrative expenses for 2024: 0.18% of average plan assets, above the peer median. Employer contributions averaged $10,700 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 0.18%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 390th-largest of 2,726 plans among Massachusetts employers on file, and the 541st of 5,337 in construction. In 2024, the employer put in $1.43 for every $1.00 employees contributed themselves; active participation has grown from 772 to 887 since 2022.

Plan summary
Net assets, end of year$117,897,915
Participants with balances1,113
Active participants887
Employer contributions$9,491,155
Employee contributions$6,659,887
Employer contribution per active participant$10,700
Average account balance$105,928
Benefits paid to participants$16,506,298
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$117.9M · 1,113 accts · $9.5M emplr
2023$102.7M · 1,045 accts · $6.5M emplr
2022$86.9M · 992 accts · $6.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$158,612
Investment management$41,999
Total administrative$201,211
The The Middlesex Corporation 401(k) match · 2024
Employer contribution per active participant$10,700
Median for plans this size$3,635
2024$10,700 per active participant
2023$7,977 per active participant
2022$8,540 per active participant

The Middlesex Corporation's 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top quarter of its peers. 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
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$41,999
QDRO CONSULTANTS COMPANY, LLC$600

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$201,211 · 0.18%
2023$177,505 · 0.19%
2022$187,223 · 0.19%
Same employer
Similar plansConstruction · Massachusetts
Dn Tanks, LLC MA$117.9M · 0.12%
Bond Brothers, Inc. MA$95.4M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042534615 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.