Plan Ledger DOL Form 5500 · updated monthly

W. B. Mason Co. Inc.401(k)

W. B. MASON COMPANY RETIREMENT 401(K) PLAN & TRUST · BROCKTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

W. B. Mason Co. Inc. reported $415,737 in plan administrative expenses for 2024: 0.21% of average plan assets, above the peer median. Employer contributions averaged $0 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 0.10% to 0.21%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other retail trade employers. By assets it is the 254th-largest of 2,726 plans among Massachusetts employers on file, and the 212th of 5,215 in retail trade. active participation has grown from 2,503 to 2,781 since 2022.

Plan summary
Net assets, end of year$204,913,404
Participants with balances3,792
Active participants2,781
Employer contributions$0
Employee contributions$14,810,248
Employer contribution per active participant$0
Average account balance$54,038
Benefits paid to participants$19,982,227
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$204.9M · 3,792 accts
2023$183.7M · 3,369 accts · $1.6M emplr
2022$156.3M · 3,357 accts · $544K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$283,193
Investment management$76,269
Audit (IQPA)$16,275
Total administrative$415,737
The W. B. Mason Co. Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$3,635
2023$650 per active participant
2022$217 per active participant

W. B. Mason Co. Inc.'s 2024 employer contribution ran below the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$208,218
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$76,269
KESTRA ADVISORY SERVICES, LLC · Consulting$40,000
FORVIS MAZARS, LLP · Accounting / audit$16,275

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$415,737 · 0.21%
2023$246,112 · 0.14%
2022$172,941 · 0.10%
Same employer
Similar plansRetail Trade · Massachusetts
Usr Parent Inc. MA$404.6M · 0.13%
Eg Retail (America) LLC MA$337.9M · 0.20%
The Talbots LLC MA$236.6M · 0.26%
Jordans Furniture, Inc. MA$169.3M · 0.18%
Destination Xl Group, Inc. MA$107.3M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042455641 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.