Plan Ledger DOL Form 5500 · updated monthly

Whittier Employee Resources Inc.401(k)

WHITTIER EMPLOYEE RESOURCES INC. 401(K) PLAN · HAVERHILL, MA · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Whittier Employee Resources Inc. reported $111,569 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. Employer contributions averaged $1 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 rose from 0.31% to 0.57%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 874th-largest of 2,726 plans among Massachusetts employers on file, and the 3,526th of 11,654 in professional & technical services. In 2024, employees put in $3985.67 for every $1.00 the employer contributed; active participation has grown from 1,326 to 1,498 since 2022.

Plan summary
Net assets, end of year$36,887,486
Participants with balances2,010
Active participants1,498
Employer contributions$775
Employee contributions$3,088,891
Employer contribution per active participant$1
Average account balance$18,352
Benefits paid to participants$5,919,588
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$34.9M · 1,395 accts
2024$36.9M · 2,010 accts · $775 emplr
2023$35.0M · 1,982 accts
2022$30.7M · 2,033 accts · $73 emplr
The Whittier Employee Resources Inc. 401(k) match · 2024
Employer contribution per active participant$1
Median for plans this size$2,416
2024$1 per active participant
2022$0 per active participant

Whittier Employee Resources Inc.'s 2024 employer contribution ran below the $2,416 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 · 20243
THE ANGELL PENSION GROUP, INC. · Contract administrator$750
JP MORGANindirect comp

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

Administrative cost history4
2025$204,652 · 0.57%
2024$111,569 · 0.31%
2023$117,656 · 0.36%
2022$104,078 · 0.31%
Same employer
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Healthdrive Corporation MA$37.6M · 0.22%
Ardelyx, Inc. MA$37.6M · 0.01%
Actblue, LLC MA$35.8M · 0.07%
Kelmar Associates, LLC MA$35.6M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 262549460 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.