Plan Ledger DOL Form 5500 · updated monthly

Athenahealth, Inc.401(k)

ATHENAHEALTH, INC. 401(K) PLAN · BOSTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Athenahealth, Inc. reported $436,433 in plan administrative expenses for 2024: 0.06% of average plan assets, below the peer median. Employer contributions averaged $3,542 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 0.09% to 0.06%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other administrative & support services employers. By assets it is the 71st-largest of 2,726 plans among Massachusetts employers on file, and the 22nd of 2,534 in administrative & support services. In 2024, employees put in $3.70 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$826,608,710
Participants with balances6,693
Active participants4,628
Employer contributions$16,390,456
Employee contributions$60,677,539
Employer contribution per active participant$3,542
Average account balance$123,503
Benefits paid to participants$51,888,355
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$826.6M · 6,693 accts · $16.4M emplr
2023$689.2M · 6,721 accts · $14.7M emplr
2022$532.9M · 6,601 accts · $15.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$290,378
Investment management$77,305
Total administrative$436,433
The Athenahealth, Inc. 401(k) match · 2024
Employer contribution per active participant$3,542
Median for plans this size$4,294
2024$3,542 per active participant
2023$3,183 per active participant
2022$3,318 per active participant

Athenahealth, Inc.'s 2024 employer contribution ran below the $4,294 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$290,378
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$77,305
MERCER · Consulting$68,750

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$436,433 · 0.06%
2023$405,493 · 0.07%
2022$538,412 · 0.09%
Same employer
Similar plansAdministrative & Support Services · Massachusetts
Cushman & Wakefield MA$1.7B · 0.11%
Sabre Glbl Inc. TX$1.1B · 0.06%
Waste Connections, Inc. TX$799.3M · 0.16%
Abm Industries Incorporated NY$695.8M · 0.16%
Manpowergroup Inc. WI$686.1M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043387530 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.