Plan Ledger DOL Form 5500 · updated monthly

Winston Brothers, Inc.401(k)

WINSTON BROTHERS, INC. 401(K) PLAN · BOSTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Winston Brothers, Inc. reported $50,361 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $1,561 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 0.23% to 0.24%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 1,222nd-largest of 2,726 plans among Massachusetts employers on file, and the 1,347th of 5,215 in retail trade. In 2024, employees put in $3.43 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$22,142,718
Participants with balances254
Active participants174
Employer contributions$271,646
Employee contributions$931,427
Employer contribution per active participant$1,561
Average account balance$87,176
Benefits paid to participants$2,185,899
Plan auditUnmodified (clean) audit opinion
AuditorWITHUMSMITH & BROWN, PC
Plan history3
Yearassets · accounts · employer contribution
2024$22.1M · 254 accts · $272K emplr
2023$19.6M · 253 accts · $309K emplr
2022$15.6M · 249 accts · $298K emplr
Administrative expenses, itemized · 2024
Investment management$50,974
Total administrative$50,361
The Winston Brothers, Inc. 401(k) match · 2024
Employer contribution per active participant$1,561
Median for plans this size$2,416
2024$1,561 per active participant
2023$1,755 per active participant
2022$1,648 per active participant

Winston Brothers, 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 · 20242
GLOBAL RETIREMENT PARTNERS LLC · Securities brokerage$50,974
RPW SOLUTIONS LLC · Consulting$6,295

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$50,361 · 0.24%
2023$38,273 · 0.22%
2022$39,593 · 0.23%
Same employer
Similar plansRetail Trade · Massachusetts
Thrasio, LLC MA$23.1M · 0.13%
Stoneham Motors Co., Inc. MA$23.1M · 0.44%
Primark US Corp. MA$22.7M · 0.49%
Yale Appliance MA$22.5M · 0.22%
1A Auto, Inc. MA$20.2M · 0.48%
Wellesley Volkswagen, Inc. MA$19.1M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043039602 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.