Plan Ledger DOL Form 5500 · updated monthly

American Renal Management LLC401(k)

AMERICAN RENAL MANAGEMENT LLC 401(K) PLAN · BEVERLY, MA · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

American Renal Management LLC reported $99,048 in plan administrative expenses for 2024: 0.08% of average plan assets, below the peer median. Employer contributions averaged $584 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 0.10% to 0.08%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 355th-largest of 2,726 plans among Massachusetts employers on file, and the 858th of 11,911 in health care & social assistance. In 2024, employees put in $6.58 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$133,872,705
Participants with balances5,360
Active participants4,516
Employer contributions$2,638,749
Employee contributions$17,364,306
Employer contribution per active participant$584
Average account balance$24,976
Benefits paid to participants$13,797,679
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC
Plan history3
Yearassets · accounts · employer contribution
2024$133.9M · 5,360 accts · $2.6M emplr
2023$110.5M · 5,106 accts · $75 emplr
2022$90.9M · 5,156 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$885
Investment management$31,383
Total administrative$99,048
The American Renal Management LLC 401(k) match · 2024
Employer contribution per active participant$584
Median for plans this size$3,635
2024$584 per active participant
2023$0 per active participant

American Renal Management LLC's 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom 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 · 20244
GALLAGHER FIDUCIARY ADVISORS, LLC · Consulting$56,780
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$31,383
BAKER TILLY US, LLP · Accounting / audit$10,000
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$885

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$99,048 · 0.08%
2023$87,160 · 0.09%
2022$97,552 · 0.10%
Same employer
Similar plansHealth Care & Social Assistance · Massachusetts
Lawrence General Hospital MA$144.3M · 0.12%
Organogenesis Inc. MA$143.9M · 0.03%
New England Baptist Hospital MA$139.3M · 0.09%
Commonwealth Care Alliance MA$128.4M · 0.15%
Alerislife, Inc. MA$128.3M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043527505 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.