Plan Ledger DOL Form 5500 · updated monthly

Audax Management Company, LLC401(k)

AUDAX 401(K) SAVINGS PLAN · BOSTON, MA · plan year 2022

Reported admin expense ratio · 2022
0.25%

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

Audax Management Company, LLC reported $124,770 in plan administrative expenses for 2022: 0.25% of average plan assets, below the peer median. Employer contributions averaged $0 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other finance & insurance employers. By assets it is the 730th-largest of 2,726 plans among Massachusetts employers on file, and the 1,740th of 4,798 in finance & insurance.

Plan summary
Net assets, end of year$47,531,255
Participants with balances414
Active participants369
Employer contributions$0
Employee contributions$4,601,513
Employer contribution per active participant$0
Average account balance$114,810
Benefits paid to participants$865,349
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
The Audax Management Company, LLC 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$2,266

Audax Management Company, LLC's 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$124,770 · 0.25%
Same employer
Similar plansFinance & Insurance · Massachusetts
Monogram LLC MA$47.6M · 0.01%
Country Bank for Savings MA$43.3M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043477377 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.