Plan Ledger DOL Form 5500 · updated monthly

Twins Enterprise, Inc.401(k)

TWINS ENTERPRISE, INC. 401(K) PLAN · BOSTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Twins Enterprise, Inc. reported $79,685 in plan administrative expenses for 2024: 0.33% of average plan assets, above the peer median. Employer contributions averaged $1,357 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 0.52% to 0.33%. 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 the 1,088th-largest of 2,726 plans among Massachusetts employers on file, and the 1,489th of 4,246 in wholesale trade. In 2024, employees put in $3.36 for every $1.00 the employer contributed; active participation has grown from 290 to 338 since 2022.

Plan summary
Net assets, end of year$26,807,184
Participants with balances232
Active participants338
Employer contributions$458,602
Employee contributions$1,538,626
Employer contribution per active participant$1,357
Average account balance$115,548
Benefits paid to participants$408,640
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$26.8M · 232 accts · $459K emplr
2023$21.2M · 209 accts · $421K emplr
2022$18.7M · 187 accts · $358K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$79,685
Total administrative$79,685
The Twins Enterprise, Inc. 401(k) match · 2024
Employer contribution per active participant$1,357
Median for plans this size$2,416
2024$1,357 per active participant
2023$1,424 per active participant
2022$1,233 per active participant

Twins Enterprise, 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 · 20241
JOHN HANCOCK USA · Recordkeeping · Investment managementindirect 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
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$79,685 · 0.33%
2023$81,527 · 0.41%
2022$110,388 · 0.52%
Similar plansWholesale Trade · Massachusetts
The Dodge Company, Inc. MA$27.7M · 0.22%
Kraft Power Corporation MA$26.9M · 0.20%
Catania-Spagna Corporation MA$26.3M · 0.10%
Rhode Island Novelty MA$24.7M · 0.13%
Asahi/America, Inc MA$24.1M · 0.08%
Pierce Aluminum Co., Inc. MA$23.6M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042223847 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.