Plan Ledger DOL Form 5500 · updated monthly

Advanced Instruments, LLC401(k)

ADVANCED INSTRUMENTS, LLC SAVING AND PROFIT SHARING PLAN · NORWOOD, 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

Advanced Instruments, LLC reported $76,408 in plan administrative expenses for 2024: 0.21% of average plan assets, below the peer median. Employer contributions averaged $4,569 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 0.06% to 0.21%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 852nd-largest of 2,726 plans among Massachusetts employers on file, and the 3,818th of 13,661 in manufacturing. In 2024, employees put in $2.54 for every $1.00 the employer contributed; active participation has grown from 159 to 217 since 2022.

Plan summary
Net assets, end of year$38,063,734
Participants with balances306
Active participants217
Employer contributions$991,463
Employee contributions$2,515,388
Employer contribution per active participant$4,569
Average account balance$124,391
Benefits paid to participants$5,234,539
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$38.1M · 306 accts · $991K emplr
2023$33.8M · 287 accts · $1.0M emplr
2022$25.7M · 217 accts · $693K emplr
Administrative expenses, itemized · 2024
Investment management$46,611
Total administrative$76,408
The Advanced Instruments, LLC 401(k) match · 2024
Employer contribution per active participant$4,569
Median for plans this size$2,416
2024$4,569 per active participant
2023$5,439 per active participant
2022$4,357 per active participant

Advanced Instruments, 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 · 20242
MORGAN STANLEY SMITH BARNEY LLC · Investment advisory (participants)$46,612
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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$76,408 · 0.21%
2023Not separately reported
2022$16,920 · 0.06%
Similar plansManufacturing · Massachusetts
Cynosure, LLC MA$39.8M · 0.36%
Connell Limited Partnership MA$39.3M · 0.09%
Anika Therapeutics, Inc. MA$38.9M · 0.08%
Lemaitre Vascular, Inc. MA$38.3M · 0.16%
Kayem Foods, Inc. MA$37.9M · 0.45%
Corza Medical Inc. MA$36.3M · 0.27%
Home Market Foods, Inc. MA$36.0M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042187801 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.