Plan Ledger DOL Form 5500 · updated monthly

Azenta, Inc.401(k)

AZENTA US, INC. 401(K) PLAN · BURLINGTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Azenta, Inc. reported $121,194 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $4,101 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 0.04% to 0.07%. 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 301st-largest of 2,726 plans among Massachusetts employers on file, and the 930th of 11,654 in professional & technical services. In 2024, employees put in $2.11 for every $1.00 the employer contributed; active participation has shrunk from 1,330 to 1,178 since 2022.

Plan summary
Net assets, end of year$171,584,521
Participants with balances2,020
Active participants1,178
Employer contributions$4,831,309
Employee contributions$10,192,367
Employer contribution per active participant$4,101
Average account balance$84,943
Benefits paid to participants$20,666,594
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$171.6M · 2,020 accts · $4.8M emplr
2023$155.1M · 2,308 accts · $5.1M emplr
2022$128.9M · 2,254 accts · $4.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$121,194
Total administrative$121,194
The Azenta, Inc. 401(k) match · 2024
Employer contribution per active participant$4,101
Median for plans this size$3,635
2024$4,101 per active participant
2023$3,922 per active participant
2022$3,254 per active participant

Azenta, Inc.'s 2024 employer contribution ran above 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 · 20241
T ROWE PRICE RPS INC · Recordkeeping · Trustee$121,212

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

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

Administrative cost history3
2024$121,194 · 0.07%
2023$104,123 · 0.07%
2022$80,073 · 0.04%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 043040660 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.