Plan Ledger DOL Form 5500 · updated monthly

Agero, Inc.401(k)

AGERO, INC. RETIREMENT PLAN · MEDFORD, MA · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Agero, Inc. reported $213,979 in plan administrative expenses for 2024: 0.12% of average plan assets, below the peer median. Employer contributions averaged $2,228 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 0.07% to 0.12%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 266th-largest of 2,726 plans among Massachusetts employers on file, and the 152nd of 2,677 in transportation & warehousing. In 2024, employees put in $2.34 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$190,870,001
Participants with balances2,284
Active participants2,030
Employer contributions$4,522,167
Employee contributions$10,574,778
Employer contribution per active participant$2,228
Average account balance$83,568
Benefits paid to participants$19,569,698
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$190.9M · 2,284 accts · $4.5M emplr
2023$160.7M · 2,546 accts · $4.3M emplr
2022$123.8M · 2,922 accts · $4.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$213,979
Total administrative$213,979
The Agero, Inc. 401(k) match · 2024
Employer contribution per active participant$2,228
Median for plans this size$3,635
2024$2,228 per active participant
2023$2,337 per active participant
2022$1,987 per active participant

Agero, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$213,979

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$213,979 · 0.12%
2023$221,822 · 0.16%
2022$104,524 · 0.07%
Similar plansTransportation & Warehousing · Massachusetts
Keolis MA$280.9M · 0.18%
Echo Global Logistics, Inc. IL$199.3M · 0.24%
Bristow Group Inc. TX$189.5M · 0.02%
Watco Companies, L.L.C. KS$187.8M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042534134 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.