Plan Ledger DOL Form 5500 · updated monthly

Azara Healthcare, LLC.401(k)

AZARA HEALTHCARE 401K PLAN · BURLINGTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Azara Healthcare, LLC. reported $34,406 in plan administrative expenses for 2024: 0.36% of average plan assets, below the peer median. Employer contributions averaged $3 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 3 years on file its reported administrative ratio has held roughly steady near 0.360%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Massachusetts (1,824th of 2,726), and 7,712th of 11,654 in professional & technical services. In 2024, employees put in $4103.92 for every $1.00 the employer contributed; active participation has grown from 146 to 166 since 2022.

Plan summary
Net assets, end of year$10,944,091
Participants with balances173
Active participants166
Employer contributions$451
Employee contributions$1,850,868
Employer contribution per active participant$3
Average account balance$63,261
Benefits paid to participants$614,781
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.9M · 173 accts · $451 emplr
2023$8.2M · 160 accts
2022$5.4M · 142 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,275
Investment management$33,131
Total administrative$34,406
The Azara Healthcare, LLC. 401(k) match · 2024
Employer contribution per active participant$3
Median for plans this size$1,313

Azara Healthcare, LLC.'s 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
COMMONWEALTH EQUITY SERVICES, INC. · Recordkeeping · Trustee$33,131
ADP, INC. · Loan processing · Recordkeeping$1,275
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP, COMMONWEALTH EQUITY SERVICES, INC.
2023ADP, COMMONWEALTH EQUITY SERVICES, INC.

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Administrative cost history3
2024$34,406 · 0.36%
2023$22,878 · 0.34%
2022$18,215 · 0.36%
Same employer
Similar plansProfessional & Technical Services · Massachusetts
Solid Biosciences Inc MA$11.1M · 0.02%
Clearmotion, Inc. MA$11.0M · 0.25%
Spencer Technologies, Inc. MA$11.0M · 0.65%
Etq, LLC. MA$10.9M · 0.58%
Dgi Communications, LLC MA$10.6M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 452609523 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.