Plan Ledger DOL Form 5500 · updated monthly

Boston Semi Equipment LLC401(k)

BOSTON SEMI EQUIPMENT LLC 401K PROFIT SHARING PLAN AND TRUST · BILLERICA, MA · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Boston Semi Equipment LLC reported $31,952 in plan administrative expenses for 2024: 0.42% of average plan assets, below the peer median. Employer contributions averaged $4,270 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 0.65% to 0.42%. 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 (2,043rd of 2,726), and 8,654th of 11,654 in professional & technical services. In 2024, employees put in $3.06 for every $1.00 the employer contributed; active participation has shrunk from 71 to 57 since 2022.

Plan summary
Net assets, end of year$8,089,520
Participants with balances95
Active participants57
Employer contributions$243,394
Employee contributions$743,993
Employer contribution per active participant$4,270
Average account balance$85,153
Benefits paid to participants$750,682
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.1M · 95 accts · $243K emplr
2023$7.0M · 113 accts · $265K emplr
2022$4.9M · 113 accts · $251K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,452
Investment management$6,000
Total administrative$31,952
The Boston Semi Equipment LLC 401(k) match · 2024
Employer contribution per active participant$4,270
Median for plans this size$1,313
2024$4,270 per active participant
2023$4,018 per active participant
2022$3,532 per active participant

Boston Semi Equipment LLC's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20242
FIDELITY INVESTMENTS · Loan processing$21,452
FIRST NATIONAL ADVISORS LLC · Consulting · Investment advisory (plan)$10,500

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$31,952 · 0.42%
2023$26,247 · 0.44%
2022$33,967 · 0.65%
Similar plansProfessional & Technical Services · Massachusetts
Hydration Labs, Inc. MA$8.2M · 0.28%
Solo.Io MA$8.2M · 0.04%
Lyndra Therapeutics, Inc. MA$8.1M · 0.36%
Affinivax Inc MA$8.0M · 0.31%
Toolsgroup, Inc. MA$7.8M · 0.78%
Avrobio, Inc MA$7.7M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 300825013 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.