Plan Ledger DOL Form 5500 · updated monthly

Woodmeister Master Builders, Inc.401(k)

WOODMEISTER MASTER BUILDERS 401(K) PROFIT SHARING PLAN · HOLDEN, MA · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Woodmeister Master Builders, Inc. reported $14,356 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,229 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 0.10%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Massachusetts (1,487th of 2,726), and the 2,326th of 5,337 in construction. In 2024, employees put in $4.38 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,298,907
Participants with balances134
Active participants111
Employer contributions$247,371
Employee contributions$1,083,556
Employer contribution per active participant$2,229
Average account balance$121,634
Benefits paid to participants$730,194
Plan auditUnmodified (clean) audit opinion
AuditorSTOLBERG, EBBELING & BLANCHETTE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$16.3M · 134 accts · $247K emplr
2023$13.8M · 125 accts · $218K emplr
2022$11.0M · 123 accts · $174K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$425
Investment management$431
Audit (IQPA)$13,500
Total administrative$14,356
The Woodmeister Master Builders, Inc. 401(k) match · 2024
Employer contribution per active participant$2,229
Median for plans this size$2,416
2024$2,229 per active participant
2023$1,865 per active participant
2022$1,628 per active participant

Woodmeister Master Builders, 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
STOLBERG, EBBELING.. · Accounting / audit$13,500
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$425

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$14,356 · 0.10%
2023$14,250 · 0.11%
2022$11,275 · 0.09%
Similar plansConstruction · Massachusetts
Fernandes Masonry, Inc. MA$18.2M · 0.32%
J. Derenzo Co. MA$17.2M · 0.30%
Plumb House, Inc. MA$16.8M · 0.28%
G. Lopes Construction Inc. MA$16.1M · 0.37%
Florence Electric, LLC MA$15.9M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042794350 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.