Plan Ledger DOL Form 5500 · updated monthly

Aspen HR Peo LLC401(k)

ASPEN HR PEO LLC RETIREMENT SAVINGS PLAN · BOSTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.75%

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

Aspen HR Peo LLC reported $763,443 in plan administrative expenses for 2024: 0.75% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,795 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 0.56% to 0.75%. 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 331st-largest of 2,726 plans among Massachusetts employers on file, and the 1,051st of 11,654 in professional & technical services. In 2024, employees put in $2.67 for every $1.00 the employer contributed; active participation has grown from 1,091 to 3,340 since 2022.

Plan summary
Net assets, end of year$148,619,386
Participants with balances3,769
Active participants3,340
Employer contributions$9,334,347
Employee contributions$24,896,609
Employer contribution per active participant$2,795
Average account balance$39,432
Benefits paid to participants$12,103,490
Plan auditUnmodified (clean) audit opinion
AuditorJASON F. CLAUSEN, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$148.6M · 3,769 accts · $9.3M emplr
2023$54.9M · 1,903 accts · $5.4M emplr
2022$18.1M · 818 accts · $2.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$562,335
Investment management$145,030
Audit (IQPA)$56,078
Total administrative$763,443
The Aspen HR Peo LLC 401(k) match · 2024
Employer contribution per active participant$2,795
Median for plans this size$3,635
2024$2,795 per active participant
2023$2,645 per active participant
2022$2,145 per active participant

Aspen HR Peo LLC's 2024 employer contribution ran below 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 · 20246
SLAVIC INTEGRATED ADMINISTRATION · Recordkeeping · Loan processing$454,250
SLAVIC MUTUAL FUND MANAGEMENT CORP · Investment management$117,268
ASPEN HR PEO LLC · Plan administrator$60,747
UHY LLP · Accounting / audit$56,078
RETIREMENT ADMINISTRATION, INC. · Plan administrator$47,338
GLOBAL RETIREMENT PARTNERS · Investment advisory (participants)$27,762

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Slavic401k
2023Slavic401k

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$763,443 · 0.75%
2023$250,405 · 0.69%
2022$63,445 · 0.56%
Same employer
Similar plansProfessional & Technical Services · Massachusetts
Weston & Sampson MA$150.3M · 0.02%
Harte-Hanks, Inc. MA$149.0M · 0.02%
Brown Rudnick LLP MA$140.5M · 0.13%
Eliassen Group, LLC. MA$137.0M · 0.17%
Agios Pharmaceuticals MA$134.2M · 0.05%
Tuv Sud America, Inc. MA$131.3M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 853188438 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.