Plan Ledger DOL Form 5500 · updated monthly

U.S. Art Company, Inc.401(k)

U.S. ART COMPANY, INC. 401K PLAN · RANDOLPH, MA · plan year 2023

Reported admin expense ratio · 2023
0.00%

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

U.S. Art Company, Inc. reported $339 in plan administrative expenses for 2023: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $434 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 0.11% to 0.12%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Massachusetts (1,965th of 2,726), and 2,811th of 5,215 in retail trade. In 2023, employees put in $9.78 for every $1.00 the employer contributed; active participation has shrunk from 155 to 129 since 2022.

Plan summary
Net assets, end of year$9,129,448
Participants with balances149
Active participants129
Employer contributions$56,003
Employee contributions$547,601
Employer contribution per active participant$434
Average account balance$61,271
Benefits paid to participants$381,285
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.8M · 159 accts · $58K emplr
2023$9.1M · 149 accts · $56K emplr
2022$8.0M · 156 accts · $56K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$339
Total administrative$339
The U.S. Art Company, Inc. 401(k) match · 2023
Employer contribution per active participant$434
Median for plans this size$1,308
2024$422 per active participant
2023$434 per active participant
2022$364 per active participant

U.S. Art Company, Inc.'s 2023 employer contribution ran below the $1,308 median for plans its size, in the bottom 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Loan processing$279

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

Recordkeeper by year2
2024Definiti, OneAmerica
2023OneAmerica

This plan has changed recordkeepers within these filings. If you left U.S. Art Company, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$9,847 · 0.12%
2023$339 · 0.00%
2022$8,733 · 0.11%
Similar plansRetail Trade · Massachusetts
Rolf C. Hagen USA Corp MA$9.6M · 0.34%
Texthelp Inc. MA$8.3M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042778490 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.