Plan Ledger DOL Form 5500 · updated monthly

Battery Management Corp.401(k)

BATTERY VENTURES 401(K) RETIREMENT PLAN · BOSTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Battery Management Corp. reported $2,265 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. 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.

Across the 2 years on file its reported administrative ratio fell from 0.16% to 0.01%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 1,198th-largest of 2,726 plans among Massachusetts employers on file, and 2,848th of 4,798 in finance & insurance.

Plan summary
Net assets, end of year$22,772,993
Participants with balances133
Active participants107
Employer contributions$0
Employee contributions$1,653,752
Employer contribution per active participant$0
Average account balance$171,226
Benefits paid to participants$1,375,538
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$22.8M · 133 accts
2023$19.1M · 126 accts
2022$15.5M · 120 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,265
Total administrative$2,265
The Battery Management Corp. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

Battery Management Corp.'s 2024 employer contribution ran below the $2,416 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 · 20241

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$2,265 · 0.01%
2023$9,589 · 0.06%
2022$26,178 · 0.16%
Same employer
Similar plansFinance & Insurance · Massachusetts
East Cambridge Savings Bank MA$25.2M · 0.20%
Greenfield Savings Bank MA$24.7M · 0.02%
Carroll Enterprises, Inc. MA$23.2M · 0.28%
Direct Federal Credit Union MA$23.0M · 0.02%
Moors & Cabot, Inc. MA$22.7M · 0.12%
Align Credit Union MA$22.5M · 0.21%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 043460239 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.