Plan Ledger DOL Form 5500 · updated monthly

Buyers Edge Platform Opco, LLC401(k)

BUYERS EDGE PLATFORM 401(K) PLAN · WALTHAM, MA · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Buyers Edge Platform Opco, LLC reported $19,371 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,310 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 0.05% to 0.03%. 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 548th-largest of 2,726 plans among Massachusetts employers on file, and the 2,071st of 11,654 in professional & technical services. In 2024, employees put in $2.00 for every $1.00 the employer contributed; active participation has grown from 772 to 994 since 2022.

Plan summary
Net assets, end of year$69,610,123
Participants with balances1,113
Active participants994
Employer contributions$4,283,855
Employee contributions$8,578,516
Employer contribution per active participant$4,310
Average account balance$62,543
Benefits paid to participants$5,020,688
Plan auditUnmodified (clean) audit opinion
AuditorPOZERSKI HATCH & COMPANY P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$69.6M · 1,113 accts · $4.3M emplr
2023$51.7M · 985 accts · $3.9M emplr
2022$33.6M · 814 accts · $2.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,322
Investment management$49
Total administrative$19,371
The Buyers Edge Platform Opco, LLC 401(k) match · 2024
Employer contribution per active participant$4,310
Median for plans this size$3,635
2024$4,310 per active participant
2023$4,359 per active participant
2022$3,229 per active participant

Buyers Edge Platform Opco, LLC'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 · 20242
ADP, INC. · Loan processing · Recordkeeping$12,168
JOHN HANCOCK · Recordkeeping · Loan processing$6,964

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, John Hancock
2023ADP

This plan has changed recordkeepers within these filings. If you left Buyers Edge Platform Opco, LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$19,371 · 0.03%
2023$17,145 · 0.04%
2022$12,217 · 0.05%
Same employer
Similar plansProfessional & Technical Services · Massachusetts
Wolf & Company, P.C. MA$70.9M · 0.23%
Bowditch & Dewey, LLP MA$70.2M · 0.04%
Aafcpas, Inc. MA$68.6M · 0.07%
Infovista Technologies Inc. MA$68.5M · 0.27%
Hemenway & Barnes LLP MA$68.3M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 831806215 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.