Plan Ledger DOL Form 5500 · updated monthly

Wingate Management Company LLC401(k)

WINGATE MANAGEMENT COMPANY 401(K) PLAN · NEWTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Wingate Management Company LLC reported $72,027 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $477 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 0.13% to 0.26%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 1,020th-largest of 2,726 plans among Massachusetts employers on file, and the 464th of 2,096 in real estate & leasing. In 2024, employees put in $5.71 for every $1.00 the employer contributed; active participation has grown from 676 to 781 since 2022.

Plan summary
Net assets, end of year$29,605,249
Participants with balances536
Active participants781
Employer contributions$372,299
Employee contributions$2,127,162
Employer contribution per active participant$477
Average account balance$55,234
Benefits paid to participants$3,534,161
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$29.6M · 536 accts · $372K emplr
2023$26.3M · 453 accts · $351K emplr
2022$21.6M · 451 accts · $324K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$72,027
Total administrative$72,027
The Wingate Management Company LLC 401(k) match · 2024
Employer contribution per active participant$477
Median for plans this size$2,416
2024$477 per active participant
2023$476 per active participant
2022$479 per active participant

Wingate Management Company LLC'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 · 20246
CBIZ INVESTMENT ADVISORY SERVICES L · Investment advisory (plan)$37,367
CBIZ BENEFITS & INS SERVICES INC · Contract administrator$30,902
EMPOWER ADVISORY GROUP, LLC · Investment management$25,055
GRAY GRAY & GRAY, LLP · Accounting / audit$17,238
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$4,170
THE PENSION SERVICE INC · Contract administrator$217

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$72,027 · 0.26%
2023$34,142 · 0.14%
2022$30,893 · 0.13%
Same employer
Similar plansReal Estate & Leasing · Massachusetts
Cresa Partners Boston Inc MA$39.9M · 0.41%
The Dolben Company, Inc. MA$31.3M · 0.25%
Hallkeen Management, Inc. MA$27.2M · 1.18%
The Druker Company, LTD MA$26.8M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 202388094 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.