Plan Ledger DOL Form 5500 · updated monthly

Advocates for Human Potential, Inc.401(k)

ADVOCATES FOR HUMAN POTENTIAL, INC. 401(K) PROFIT SHARING PLAN · SUDBURY, MA · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Advocates for Human Potential, Inc. reported $55,669 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $2,359 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 0.35% to 0.28%. 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 1,286th-largest of 2,726 plans among Massachusetts employers on file, and the 5,464th of 11,654 in professional & technical services. In 2024, employees put in $3.10 for every $1.00 the employer contributed; active participation has grown from 196 to 325 since 2022.

Plan summary
Net assets, end of year$20,501,202
Participants with balances314
Active participants325
Employer contributions$766,715
Employee contributions$2,374,817
Employer contribution per active participant$2,359
Average account balance$65,290
Benefits paid to participants$5,223,636
Plan auditUnmodified (clean) audit opinion
AuditorQRGA, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$20.5M · 314 accts · $767K emplr
2023$19.5M · 272 accts · $624K emplr
2022$16.9M · 171 accts · $335K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$40,669
Investment management$15,000
Total administrative$55,669
The Advocates for Human Potential, Inc. 401(k) match · 2024
Employer contribution per active participant$2,359
Median for plans this size$2,416
2024$2,359 per active participant
2023$1,980 per active participant
2022$1,711 per active participant

Advocates for Human Potential, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size. 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 · 20243
MMA SECURITIES LLC · Investment advisory (plan)$15,000
COMPASS 360 · Contract administrator$3,375

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$55,669 · 0.28%
2023$54,583 · 0.30%
2022$62,052 · 0.35%
Same employer
Similar plansProfessional & Technical Services · Massachusetts
Litmus Software, Inc. MA$20.7M · 0.13%
Bluerock Therapeutics LP MA$20.6M · 0.04%
Eclinical Solutions LLC MA$20.6M · 0.32%
Connelly Partners, LLC MA$20.4M · 0.18%
Gray, Gray & Gray LLP MA$19.9M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042909410 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.