Plan Ledger DOL Form 5500 · updated monthly

Altman Solon US, LP401(k)

ALTMAN SOLON US, LP 401(K) PROFIT SHARING PLAN · BOSTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Altman Solon US, LP reported $84,889 in plan administrative expenses for 2024: 0.15% of average plan assets, above the peer median. Employer contributions averaged $10,693 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 3 years on file its reported administrative ratio has held roughly steady near 0.150%. 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 597th-largest of 2,726 plans among Massachusetts employers on file, and the 2,282nd of 11,654 in professional & technical services. In 2024, employees put in $1.68 for every $1.00 the employer contributed; active participation has shrunk from 330 to 237 since 2022.

Plan summary
Net assets, end of year$62,248,700
Participants with balances501
Active participants237
Employer contributions$2,534,261
Employee contributions$4,260,190
Employer contribution per active participant$10,693
Average account balance$124,249
Benefits paid to participants$3,401,461
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$62.2M · 501 accts · $2.5M emplr
2023$50.7M · 502 accts · $2.6M emplr
2022$37.9M · 503 accts · $2.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$84,889
Total administrative$84,889
The Altman Solon US, LP 401(k) match · 2024
Employer contribution per active participant$10,693
Median for plans this size$3,635
2024$10,693 per active participant
2023$9,944 per active participant
2022$8,337 per active participant

Altman Solon US, LP'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
LPL FINANCIAL - RPCP · Investment advisory (plan)indirect comp
THE VANGUARD GROUP, INC. · Contract administratorindirect 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$84,889 · 0.15%
2023$72,440 · 0.16%
2022$58,841 · 0.15%
Same employer
Similar plansProfessional & Technical Services · Massachusetts
Flagship Pioneering, Inc. MA$65.0M · 0.01%
Axis Communications, Inc. MA$63.6M · 0.21%
Linedata Services, Inc. MA$62.7M · 0.02%
Vestmark, Inc MA$60.3M · 0.07%
Tracelink, Inc. MA$59.6M · 0.10%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 050524931 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.