Plan Ledger DOL Form 5500 · updated monthly

6K Inc.401(k)

6K, INC. 401(K) PLAN · NORTH ANDOVER, MA · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

6K Inc. reported $12,845 in plan administrative expenses for 2024: 0.21% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,356 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Massachusetts (2,084th of 2,726), and 8,829th of 11,654 in professional & technical services. In 2024, employees put in $2.29 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,610,207
Participants with balances169
Active participants235
Employer contributions$788,745
Employee contributions$1,807,579
Employer contribution per active participant$3,356
Average account balance$45,031
Benefits paid to participants$1,178,569
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,725
Total administrative$12,845
The 6K Inc. 401(k) match · 2024
Employer contribution per active participant$3,356
Median for plans this size$1,313

6K Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20241
CAMBRIDGE INVESTMENT RESEARCH · Investment advisory (plan)$12,725

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history1
2024$12,845 · 0.21%
Same employer
Similar plansProfessional & Technical Services · Massachusetts
Avrobio, Inc MA$7.7M · 0.03%
Biocair, Inc MA$7.6M · 0.74%
Julia O Faigel Dmd, PC MA$7.4M · 0.14%
Energysage, Inc MA$7.3M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 823578331 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.