Plan Ledger DOL Form 5500 · updated monthly

Advent International L.P.401(k)

ADVENT INTERNATIONAL CORP EMPLOYEES' PROFIT SHARING RETIREMENT PLAN · BOSTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Advent International L.P. reported $51,351 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,260 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 0.052% to 0.047%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 387th-largest of 2,726 plans among Massachusetts employers on file, and the 1,297th of 11,654 in professional & technical services. In 2024, employees put in $1.96 for every $1.00 the employer contributed; active participation has grown from 266 to 299 since 2022.

Plan summary
Net assets, end of year$117,948,862
Participants with balances431
Active participants299
Employer contributions$2,469,658
Employee contributions$4,848,740
Employer contribution per active participant$8,260
Average account balance$273,663
Benefits paid to participants$7,968,992
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$117.9M · 431 accts · $2.5M emplr
2023$102.5M · 396 accts · $2.4M emplr
2022$84.3M · 368 accts · $2.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,601
Investment management$24,750
Total administrative$51,351
The Advent International L.P. 401(k) match · 2024
Employer contribution per active participant$8,260
Median for plans this size$3,635
2024$8,260 per active participant
2023$8,548 per active participant
2022$7,531 per active participant

Advent International L.P.'s 2024 employer contribution ran above the $3,635 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
FIDELITY INV INST OPER COMPANY INC. · Loan processing$26,601
GLOBAL RETIREMENT PARTNERS, LLC · Investment advisory (plan)$24,750

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$51,351 · 0.05%
2023$36,403 · 0.04%
2022$48,038 · 0.05%
Same employer
Similar plansProfessional & Technical Services · Massachusetts
Healthedge Software, Inc MA$121.1M · 0.55%
Jenzabar, Inc. MA$120.0M · 0.13%
Klaviyo, Inc. MA$119.5M · 0.18%
Sullivan & Worcester LLP MA$117.9M · 0.08%
The Vertex Companies, LLC MA$117.7M · 0.03%
Lionbridge Technologies, LLC MA$112.3M · 0.33%
American Well Corporation MA$108.4M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042840139 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.