Massachusetts › Manufacturing › 500 to 999 participants
Form 5500 statement · plan year 1 Dec 2024 to 30 Nov 2025
Retirement Plan for Eligible Employees of Neles-Jamesbury, Inc. and Affiliates
Sponsored by Neles-Jamesbury, Inc., Shrewsbury, MA
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
Retirement Plan for Eligible Employees of Neles-Jamesbury, Inc. and Affiliates is a defined benefit pension plan sponsored by Neles-Jamesbury, Inc. of Shrewsbury, Massachusetts. For the plan year ending 30 Nov 2025 it reported 718 participants, 44 of them active, and net assets of $65.0M.
Net assets came to $90,506 per participant, close to the $86,794 median for defined benefit plans with 500 to 999 participants and well above the $68,040 median for defined benefit plans in manufacturing. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
Schedule C lists 2 service provider organisations paid $5,000 or more, with reported compensation of $182K: $254 per participant, well below the same-size median of $377. Administrative expenses charged to the plan were $182K. Schedule C does not capture every cost: fees netted from fund returns and fees the employer pays directly are outside it.
Across the filings on record, net assets went from $63.7M in 2010 to $65.0M in 2024 (up 2%), and participants from 1,104 to 718 (down 35%).
The independent accountant's opinion on the financial statements was unmodified (unqualified), from an audit whose scope was limited under ERISA section 103(a)(3)(C) to exclude investment information certified by a bank or insurer.
Compared with similar plans
| Measure | This plan | Same size | Same industry | All US DB plans |
|---|---|---|---|---|
| Net assets per participant | $90,506 | $86,794 | $68,040 | $86,073 |
| Employer contributions per active participant | — | $10,758 | $6,912 | $10,170 |
| Schedule C compensation per participant | $254 | $377 | $305 | $344 |
| Schedule C compensation, share of net assets | 0.28% | 0.48% | 0.48% | 0.43% |
| Administrative expenses per participant | $254 | $590 | $499 | $526 |
Peer columns are medians for plan year 2024 across defined benefit plans with 100 or more participants: 500 to 999 participants (878 plans), manufacturing (1,556) and all US plans (5,366). Fee medians cover plans that report an amount.
Trend by plan year
| Plan year | Participants | Net assets | Per participant | Employer contributions | Participant contributions | Schedule C compensation |
|---|---|---|---|---|---|---|
| 2024 | 718 | $65.0M | $90,506 | — | — | $182K |
| 2023 | 740 | $66.9M | $90,428 | $0 | — | $201K |
| 2022 | 756 | $65.9M | $87,212 | $0 | — | $222K |
| 2021 | 784 | $70.4M | $89,797 | $0 | — | $157K |
| 2020 | 802 | $94.0M | $117,259 | $0 | — | $331K |
| 2019 | 830 | $98.4M | $118,495 | $0 | — | $206K |
| 2018 | 854 | $93.1M | $108,979 | — | — | $293K |
| 2017 | 877 | $84.8M | $96,678 | $0 | — | $184K |
| 2016 | 904 | $93.5M | $103,479 | $2.0M | — | $329K |
| 2015 | 928 | $84.5M | $91,092 | $4.6M | — | $182K |
| 2014 | 952 | $84.7M | $89,003 | $3.8M | — | $150K |
| 2013 | 981 | $87.0M | $88,661 | $6.1M | — | $100K |
| 2012 | 1,059 | $84.4M | $79,720 | $7.7M | — | $92K |
| 2011 | 1,081 | $70.1M | $64,863 | $4.1M | — | $86K |
| 2010 | 1,104 | $63.7M | $57,697 | $4.7M | — | $92K |
Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.
Statement for the year
- Net assets, beginning of year$66,916,594
- Employer contributions—
- Participant contributions—
- Rollovers and other contributions—
- Total contributions$0
- Total income, including investment results$3,591,042
- Benefits paid$5,342,377
- Administrative expenses$182,042
- Total expenses$5,524,419
- Net income−$1,933,377
- Net transfers$0
- Net assets, end of year$64,983,217
Participants
- Active participants44
- Retired or separated, receiving benefits465
- Retired or separated, entitled to future benefits90
- Total participants, end of year718
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| John Hancock Retirement Plan SRVS | Actuarial; Recordkeeping and information management | $127,451 | $0 |
| Fiduciary Investment Advisors | Investment advisory (plan) | $54,591 | $0 |
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Administrative expenses on Schedule H
- Contract administrator fees$127,451
- Investment advisory and management fees$54,591
- Total administrative expenses$182,042
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Registered investment companies (mutual funds)$64.5M · 99.3%
- Cash (interest and non-interest bearing)$439K · 0.7%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)Yes
- Accounting firmSmith & Howard, PC
- Participant contributions reported as transmitted lateNo
- Covered by a fidelity bondYes, $5,000,000
- Blackout period during the yearNo
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
1ABenefits are primarily pay related3HPlan sponsor(s) is (are) a member(s) of a controlled group
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 332510: Hardware Mfg.
Similar plans in Massachusetts
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| The Gillette Co. Ret. Plan for Collectively-Bargained Employees | The Gillette Company LLC | 769 | $40.5M | $52,730 |
| Sappi North America, Inc. Retirement Plan for Salaried Employees | Sappi North America, Inc. | 603 | $85.4M | $141,570 |
| Sappi North America, Inc. Central Mills Employees' Retirement Plan | Sappi North America, Inc. | 855 | $73.1M | $85,447 |
| Hollingsworth & Vose Company Retirement Plan | Hollingsworth & Vose Company | 461 | $69.5M | $150,782 |
| Sappi North America, Inc. Retirement Plan for Hourly Employees | Sappi North America, Inc. | 871 | $71.6M | $82,219 |
| Hollingsworth & Vose Company Collectively Bargained Pension Plan | Hollingsworth & Vose Company | 398 | $36.2M | $90,893 |
Defined benefit plans in manufacturing closest in size.
Questions and answers
How big is Retirement Plan for Eligible Employees of Neles-Jamesbury, Inc. and Affiliates?
718 participants at the end of the plan year ending 30 Nov 2025, of whom 44 were active employees, with net assets of $64,983,217. Among defined benefit plans that places it in the 500 to 999 participants band, which held 878 plans in plan year 2024.
What does Neles-Jamesbury, Inc. contribute per participant?
This filing has no Schedule H financial statement, so employer contributions are not reported here.
What fees does the plan pay and how do they compare?
Schedule C reports $182,042 in compensation to service provider organisations, $254 per participant or 0.28% of net assets. The same-size median among plans reporting any Schedule C compensation was $377 per participant. Administrative expenses on Schedule H were $182,042. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is Neles-Jamesbury, Inc.. Recordkeeping or administration: John Hancock Retirement Plan SRVS. Investment advisory or management: Fiduciary Investment Advisors. The financial statements were audited by Smith & Howard, PC. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an unmodified (unqualified) opinion from a limited-scope audit, in which the accountant did not audit investment information certified by a bank or insurance company. Unmodified (formerly "unqualified") is the standard clean opinion.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Dec 2024 to 30 Nov 2025, received by the Department of Labor on 14 Sep 2026. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Sep 2026. This page shows the latest filing on record for EIN 04-2176399, plan 001, received 14 Sep 2026; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.