Plan Ledger DOL Form 5500 · updated monthly

42 North Dental, LLC401(k)

42 NORTH DENTAL, LLC 401(K) PLAN · WALTHAM, MA · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

42 North Dental, LLC reported $128,530 in plan administrative expenses for 2024: 0.23% of average plan assets, above the peer median. Employer contributions averaged $0 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 0.20% to 0.23%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 608th-largest of 2,726 plans among Massachusetts employers on file, and the 1,602nd of 11,911 in health care & social assistance. active participation has grown from 1,476 to 1,662 since 2022.

Plan summary
Net assets, end of year$60,388,035
Participants with balances1,726
Active participants1,662
Employer contributions$0
Employee contributions$6,643,786
Employer contribution per active participant$0
Average account balance$34,987
Benefits paid to participants$6,889,318
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$60.4M · 1,726 accts
2023$52.6M · 1,607 accts · $109 emplr
2022$41.0M · 1,534 accts · $7K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,871
Investment management$101,859
Audit (IQPA)$14,800
Total administrative$128,530
The 42 North Dental, LLC 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$3,635
2023$0 per active participant
2022$5 per active participant

42 North Dental, LLC's 2024 employer contribution ran below the $3,635 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 · 20243
SAGEVIEW ADVISORY GROUP LLC · Investment advisory (plan)$93,151
CARON & BLETZER, PLLC · Accounting / audit · Other services$14,800
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$11,871

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$128,530 · 0.23%
2023$92,869 · 0.20%
2022$85,274 · 0.20%
Same employer
Similar plansHealth Care & Social Assistance · Massachusetts
Vna Care Network, Inc. MA$59.0M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043339878 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.