Plan Ledger DOL Form 5500 · updated monthly

V. H. Blackinton & Co., Inc.401(k)

V. H. BLACKINTON & CO., INC. TAX DEFERRED SAVINGS PLAN · NORTH ATTLEBOROUGH, MA · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

V. H. Blackinton & Co., Inc. reported $39,580 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $2,178 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 0.277%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Massachusetts (1,554th of 2,726), and 7,165th of 13,661 in manufacturing. In 2024, employees put in $1.58 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,743,827
Participants with balances196
Active participants158
Employer contributions$344,113
Employee contributions$544,079
Employer contribution per active participant$2,178
Average account balance$75,224
Benefits paid to participants$1,394,173
Plan auditUnmodified (clean) audit opinion
AuditorCITRIN COOPERMAN AND COMPANY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$14.7M · 196 accts · $344K emplr
2023$13.8M · 205 accts · $333K emplr
2022$11.8M · 208 accts · $312K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,057
Investment management$28,523
Total administrative$39,580
The V. H. Blackinton & Co., Inc. 401(k) match · 2024
Employer contribution per active participant$2,178
Median for plans this size$2,416
2024$2,178 per active participant
2023$2,033 per active participant
2022$1,780 per active participant

V. H. Blackinton & Co., 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 · 20243
GALLAGHER BENEFIT SERVICES INC DBA · Investment advisory (plan)$25,000
EMPOWER ADVISORY GROUP, LLC · Investment management$3,523

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$39,580 · 0.28%
2023$36,091 · 0.28%
2022$36,464 · 0.28%
Same employer
Similar plansManufacturing · Massachusetts
Holt and Bugbee Company MA$15.3M · 0.02%
Bradford & Bigelow, Inc. MA$15.3M · 0.36%
Lenco Industries, Inc. MA$15.0M · 0.81%
Desktop Labs Inc. MA$14.9M · 0.30%
Berkshire Corporation MA$14.6M · 0.36%
Boston Centerless Inc. MA$14.5M · 0.27%
Savage Arms, Inc. MA$14.4M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042547781 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.