Plan Ledger DOL Form 5500 · updated monthly

Applause App Quality, Inc.401(k)

APPLAUSE APP QUALITY, INC. 401(K) PLAN · FRAMINGHAM, MA · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Applause App Quality, Inc. reported $1,450 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $892 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 0.00% to 0.01%. 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 992nd-largest of 2,726 plans among Massachusetts employers on file, and the 4,098th of 11,654 in professional & technical services. In 2024, employees put in $12.33 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$30,690,593
Participants with balances394
Active participants301
Employer contributions$268,371
Employee contributions$3,309,434
Employer contribution per active participant$892
Average account balance$77,895
Benefits paid to participants$2,329,159
Plan auditUnmodified (clean) audit opinion
AuditorBERRY, DUNN, MCNEIL & PARKER, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$30.7M · 394 accts · $268K emplr
2023$24.1M · 381 accts · $284K emplr
2022$18.3M · 395 accts · $253K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,450
Total administrative$1,450
The Applause App Quality, Inc. 401(k) match · 2024
Employer contribution per active participant$892
Median for plans this size$2,416
2024$892 per active participant
2023$987 per active participant
2022$816 per active participant

Applause App Quality, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20243
FIDELITY INVESTMENTS · Loan processing$1,450
NATIONAL FINANCIAL SERVICES LLCindirect comp
PARK AVENUE SECURITIESindirect 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$1,450 · 0.01%
2023$2,356 · 0.01%
2022$644 · 0.00%
Same employer
Similar plansProfessional & Technical Services · Massachusetts
McNamara/Salvia, Inc. MA$31.6M · 0.19%
Reify Health, Inc. MA$30.9M · 0.74%
Predictive Index, LLC MA$30.9M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 260684005 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.