Plan Ledger DOL Form 5500 · updated monthly

Apps Associates LLC401(k)

APPS ASSOCIATES LLC 401(K) PLAN · ACTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Apps Associates LLC reported $147,853 in plan administrative expenses for 2024: 0.28% of average plan assets, higher than ~75% of peers. Employer contributions averaged $5,921 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 0.31% to 0.28%. 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 628th-largest of 2,726 plans among Massachusetts employers on file, and the 2,446th of 11,654 in professional & technical services. In 2024, employees put in $2.60 for every $1.00 the employer contributed; active participation has shrunk from 368 to 320 since 2022.

Plan summary
Net assets, end of year$57,731,467
Participants with balances465
Active participants320
Employer contributions$1,894,788
Employee contributions$4,917,923
Employer contribution per active participant$5,921
Average account balance$124,154
Benefits paid to participants$4,551,030
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$57.7M · 465 accts · $1.9M emplr
2023$46.5M · 511 accts · $2.0M emplr
2022$33.7M · 487 accts · $1.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,412
Investment management$119,441
Total administrative$147,853
The Apps Associates LLC 401(k) match · 2024
Employer contribution per active participant$5,921
Median for plans this size$3,635
2024$5,921 per active participant
2023$5,288 per active participant
2022$4,848 per active participant

Apps Associates LLC'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 · 20242
ICAPITAL LLC · Investment advisory (plan)$119,441
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$28,412

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$147,853 · 0.28%
2023$119,269 · 0.30%
2022$108,859 · 0.31%
Same employer
Similar plansProfessional & Technical Services · Massachusetts
Tracelink, Inc. MA$59.6M · 0.10%
Stratus Technologies, Inc. MA$58.8M · 0.04%
Sdl Inc. MA$58.2M · 0.21%
Worldwide Techservices, LLC MA$57.1M · 0.02%
Dept US Holdings LLC MA$55.9M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 542076463 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.