Manganaro Employee Stock Ownership Plan
Manganaro North America, Inc. · Woburn, MA · EIN 842403043 · Plan 003 · Form 5500 for plan year 2024
What Manganaro North America put into the plan, per active participant
$2,242
Manganaro North America, Inc. put $2,242 into this plan for each of its 161 active participants in plan year 2024. That is the whole employer side, matching money, profit sharing, non-elective and safe-harbor contributions and reallocated forfeitures together, because the Form 5500 reports them on one line, so it is not the match rate.
Manganaro North America put in less per active participant than 54% of plans with 100–499 participants in construction. The middle plan in that group of 2,201 reported $2,441. Construction comes from business code 236200, which Manganaro North America, Inc. entered on its own Form 5500. Sponsors pick that code themselves, so a code that does not describe what the employer does ranks the plan against the wrong companies.
What this figure cannot separate: how much Manganaro North America pays, and how much it puts in
This is dollars, not a rate. A Form 5500 carries no payroll, so the figure reflects both how much the employer puts in and how much the employer pays: two plans running the same formula report different amounts when one pays better. Crossing the peer group with industry holds most of that difference still, and none of it disappears.
This is one plan year, not an average. A true-up, a plan merger or a one-off contribution moves a single year on its own.
Source: Form 5500 filing for the plan year ended December 31, 2024, received by the DOL October 15, 2025 · DOL EFAST2 ↗
What the plan cost, per participant
Not ranked
Schedule H reports $0 in plan-paid administrative expenses. That usually means the employer pays the bills directly, or that fees are netted inside fund assets, so the plan is not ranked on cost and $0 is not a cheap plan.
401(k) Monitor Score
Not scored
This filing reports one of the two amounts the score is built from, so it takes none. Schedule H reports $0 in plan-paid administrative expenses. That usually means the employer pays the bills directly, or that fees are netted inside fund assets, so the plan is not ranked on cost and $0 is not a cheap plan.
It keeps whichever of the two it does report, above. Nothing is filled in from an average, from another year or from another plan, because a two-part score computed on one part is a different measure wearing the same name.
What the score would read, on a filing that carries both: Where this plan stands against plans of its size and industry on two amounts its Form 5500 reports: employer money in per active person, and plan-paid cost per person. It reads no match formula, no vesting schedule and no fund lineup, because a Form 5500 states none of them.
On this page: where the match terms are stated · what to check next · every figure on the filing · fees itemised · the plans this one is ranked against · service providers
The match and vesting terms, from a Form 11-K
The match formula and the vesting schedule are stated in a Form 11-K, which is filed only by employers whose plan holds company stock. A Form 5500 reports neither.
What Manganaro North America puts in
Not in public filings for this employer
We have no SEC Form 11-K for this employer, and the Form 5500 this page is built from does not report match terms.
Two places state the terms in full: your plan’s Summary Plan Description, which your employer must provide on request, and your recordkeeper’s site, the one you log in to for your balance.
What you contribute to collect all of it
Not in public filings for this employer
The rate that collects the full match is part of the match formula, which a Form 5500 does not report.
Vesting score
Not scored
The vesting schedule is stated in a Form 11-K, and we have none for this employer.
A schedule this cannot read at whole-year anniversaries is left without a number rather than given a middle one.
What the plan costs, against plans of its size
Not reported
The Form 5500 filing does not report the plan-paid administrative expenses this figure needs.
What to check next
Your own numbers are not on this page
Every figure here is the whole plan for plan year 2024, taken from one filing and divided by headcounts. Your own contribution rate, your balance and the fees taken from your account are on your recordkeeper’s site. What you may put in during a year is set by the IRS and not by the plan: this year’s limits ↗.
Key figures
| Total plan assets, end of year | $34,720,125 |
|---|---|
| Net assets | $27,897,332 |
| Participants, beginning of year | 135 |
| Of which active | 161 |
| Plan type | Single employer |
| Size cohortThe peer group we rank fees against. | 100–499 participants |
| Employer share of the money that went in, plan year 2024One of the two contribution lines is blank on this filing. A blank employee line against a filled employer line would read as every dollar coming from the employer, which is a gap in the filing rather than a fact about the plan, so no share is shown. | not stated on this filing |
Plan-paid administrative expenses
Schedule H reports $0 in plan-paid administrative expenses for this year. $0 usually means the employer pays the bills, or fees are netted inside fund assets. It does not mean the plan is free.
The plans this one is ranked against
Fees on this page are ranked against the 100–499 participant cohort, where the median plan pays $156.87 per participant. The sponsor files from Massachusetts, one of 1,958 plans on file there, at a median of $112.91 per participant. Its business code places the plan in construction, one of 3,507 on file, which run to a median of $166.95.
Plans of a similar size in Massachusetts
| Plan | Participants | Cost per participant |
|---|---|---|
| Helical Drilling 401(k) Profit Sharing PlanHelical Drilling, Inc. | 135 | $269.50 |
| Korro Bio 401(k) Retirement PlanKorro Bio Inc. | 135 | $11.70 |
| Scorpion Therapeutics 401(k) Retirement PlanScorpion Therapeutics, Inc. | 135 | $7.64 |
| Pediatric Associates Of Greater Salem, Inc. 401(k) Profit Sharing PlanPediatric Associates Of Greater Salem, Inc. | 134 | $313.84 |
Service providers (Schedule C)
Not reported in filing. Plans with bundled or revenue-sharing arrangements often report no Schedule C provider compensation. Absence here is a reporting artifact, not a $0 cost.
Useful links
- Find a 401(k) you left at an old job ↗
The DOL's Retirement Savings Lost & Found. Free and official.
- Look up this plan's full Form 5500 ↗
The DOL's own filing search. Search by plan or sponsor name.
- Download this plan's data (CSV) ↗
Every field on this page, one row, ready for a spreadsheet.
Source
| Dataset | DOL EFAST2 Form 5500 bulk data (FOIA) |
|---|---|
| Form year | 2024 |
| Filing ACK_ID | 20251015075500NAL0004285393001 |
| Dataset last refreshed | July 28, 2026 |
Bulk dataset at askebsa.dol.gov ↗ · Look up the filing on EFAST2 ↗
Filings lag by design: a plan can file up to 9½ months after its year ends, so this is the newest data on file. Why filings lag
Cite this page
401(k) Monitor, "Manganaro Employee Stock Ownership Plan: Form 5500 facts", from DOL EFAST2 filing 20251015075500NAL0004285393001, plan year ended December 31, 2024.