Plan Ledger DOL Form 5500 · updated monthly

Aam 15 Management, LLC401(k)

AAM 15 401(K) PLAN · BURLINGTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

Aam 15 Management, LLC reported $14,848 in plan administrative expenses for 2024: 0.49% of average plan assets, below the peer median. Employer contributions averaged $572 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 0.49%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Massachusetts (2,429th of 2,726), and the 1,075th of 2,240 in accommodation & food services. In 2024, employees put in $2.17 for every $1.00 the employer contributed; active participation has grown from 228 to 534 since 2022.

Plan summary
Net assets, end of year$3,671,633
Participants with balances117
Active participants534
Employer contributions$305,648
Employee contributions$661,766
Employer contribution per active participant$572
Average account balance$31,381
Benefits paid to participants$271,723
Plan auditUnmodified (clean) audit opinion
AuditorMAMACOS, BYSIEWICZ & ASSOCIATES LLC
Plan history3
Yearassets · accounts · employer contribution
2024$3.7M · 117 accts · $306K emplr
2023$2.4M · 123 accts · $272K emplr
2022$1.6M · 111 accts · $215K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,461
Investment management$3,137
Total administrative$14,848
The Aam 15 Management, LLC 401(k) match · 2024
Employer contribution per active participant$572
Median for plans this size$1,313
2024$572 per active participant
2023$963 per active participant
2022$942 per active participant

Aam 15 Management, LLC's 2024 employer contribution ran below the $1,313 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.

Administrative cost history3
2024$14,848 · 0.49%
2023$10,392 · 0.52%
2022$7,556 · 0.51%
Same employer
Similar plansAccommodation & Food Services · Massachusetts
Nexdine, LLC MA$4.1M · 0.88%
Morin's Incorporated MA$4.0M · 0.50%
Dd Hotels I, LLC MA$3.9M · 1.11%
Sellia Corporation MA$3.7M · 0.14%
Caffe Nero Americas Inc. MA$3.2M · 3.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 270192886 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.