Plan Ledger DOL Form 5500 · updated monthly

Actblue, LLC401(k)

ACTBLUE LLC 401(K) PLAN · SOMERVILLE, MA · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Actblue, LLC reported $21,405 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $9,310 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 fell from 0.09% to 0.07%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 886th-largest of 2,726 plans among Massachusetts employers on file, and the 3,611th of 11,654 in professional & technical services. In 2024, employees put in $1.11 for every $1.00 the employer contributed; active participation has shrunk from 346 to 309 since 2022.

Plan summary
Net assets, end of year$35,827,696
Participants with balances490
Active participants309
Employer contributions$2,876,901
Employee contributions$3,198,782
Employer contribution per active participant$9,310
Average account balance$73,118
Benefits paid to participants$1,468,309
Plan auditUnmodified (clean) audit opinion
AuditorGELMAN, ROSENBERG, & FREEDMAN
Plan history3
Yearassets · accounts · employer contribution
2024$35.8M · 490 accts · $2.9M emplr
2023$26.2M · 443 accts · $2.7M emplr
2022$17.7M · 424 accts · $2.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,405
Total administrative$21,405
The Actblue, LLC 401(k) match · 2024
Employer contribution per active participant$9,310
Median for plans this size$2,416
2024$9,310 per active participant
2023$9,803 per active participant
2022$6,613 per active participant

Actblue, LLC's 2024 employer contribution ran above the $2,416 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$21,405

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$21,405 · 0.07%
2023$20,075 · 0.09%
2022$14,715 · 0.09%
Same employer
Similar plansProfessional & Technical Services · Massachusetts
Kelmar Associates, LLC MA$35.6M · 0.28%
Bsc Companies, Inc. MA$34.9M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201135377 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.