Plan Ledger DOL Form 5500 · updated monthly

Ameresco, Inc.401(k)

AMERESCO, INC. 401(K) PLAN · FRAMINGHAM, MA · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Ameresco, Inc. reported $304,866 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $6,183 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 0.02% to 0.13%. 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 212th-largest of 2,726 plans among Massachusetts employers on file, and the 663rd of 11,654 in professional & technical services. In 2024, employees put in $1.86 for every $1.00 the employer contributed; active participation has grown from 1,195 to 1,318 since 2022.

Plan summary
Net assets, end of year$251,571,198
Participants with balances1,725
Active participants1,318
Employer contributions$8,149,756
Employee contributions$15,140,184
Employer contribution per active participant$6,183
Average account balance$145,838
Benefits paid to participants$25,572,182
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$251.6M · 1,725 accts · $8.1M emplr
2023$218.4M · 1,634 accts · $7.7M emplr
2022$173.8M · 1,568 accts · $6.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$142,516
Audit (IQPA)$30,725
Total administrative$304,866
The Ameresco, Inc. 401(k) match · 2024
Employer contribution per active participant$6,183
Median for plans this size$3,635
2024$6,183 per active participant
2023$6,188 per active participant
2022$5,706 per active participant

Ameresco, Inc.'s 2024 employer contribution ran above 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$146,300
FAIRCOURT PARTNERS LLC · Consulting$131,625
BAKER TILLY US, LLP · Consulting$30,725

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$304,866 · 0.13%
2023$298,786 · 0.15%
2022$41,177 · 0.02%
Same employer
Similar plansProfessional & Technical Services · Massachusetts
Haley & Aldrich, Inc. MA$283.2M · 0.04%
Rocket Software, Inc. MA$275.6M · 0.07%
Eclinicalworks, LLC MA$240.9M · 0.07%
Beigene USA, Inc. MA$228.5M · 0.03%
Monster Worldwide Inc. MA$223.3M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043512838 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.