Plan Ledger DOL Form 5500 · updated monthly

Assurance Technology Corporation401(k)

ASSURANCE TECHNOLOGY CORPORATION 401(K) SAVINGS PLAN · CARLISLE, MA · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Assurance Technology Corporation reported $95,218 in plan administrative expenses for 2024: 0.14% of average plan assets, above the peer median. Employer contributions averaged $2,466 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 0.14%. 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 556th-largest of 2,726 plans among Massachusetts employers on file, and the 2,103rd of 11,654 in professional & technical services. In 2024, employees put in $2.92 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$68,208,768
Participants with balances292
Active participants330
Employer contributions$813,707
Employee contributions$2,375,486
Employer contribution per active participant$2,466
Average account balance$233,592
Benefits paid to participants$8,607,423
Plan auditUnmodified (clean) audit opinion
AuditorLITMAN GERSON ASSOCIATES, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$68.2M · 292 accts · $814K emplr
2023$65.1M · 309 accts · $798K emplr
2022$60.0M · 309 accts · $862K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,259
Investment management$47,536
Audit (IQPA)$6,423
Total administrative$95,218
The Assurance Technology Corporation 401(k) match · 2024
Employer contribution per active participant$2,466
Median for plans this size$3,635
2024$2,466 per active participant
2023$2,347 per active participant
2022$2,645 per active participant

Assurance Technology Corporation'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 · 20243
JOHN HANCOCK · Recordkeeping · Loan processing$46,795
MMA SECURITIES CORPORATION · Investment advisory (plan)$42,000
LITMAN GERSEN LLP · Accounting / audit$6,423

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$95,218 · 0.14%
2023$36,724 · 0.06%
2022$14,955 · 0.02%
All plans at this employer2
ASSURANCE TECHNOLOGY CORPORATION PROFIT-SHARING TRUSTProfit-sharing plan
ASSURANCE TECHNOLOGY CORPORATION 401(K) SAVINGS PLAN401(k)
Same employer
Similar plansProfessional & Technical Services · Massachusetts
Aafcpas, Inc. MA$68.6M · 0.07%
Infovista Technologies Inc. MA$68.5M · 0.27%
Hemenway & Barnes LLP MA$68.3M · 0.20%
Rubin and Rudman LLP MA$67.4M · 0.03%
Argenx US Inc. MA$67.2M · 0.05%
Flagship Pioneering, Inc. MA$65.0M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042765216 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.