Plan Ledger DOL Form 5500 · updated monthly

Cambridge Mobile Telematics, Inc.401(k)

CAMBRIDGE MOBILE TELEMATICS 401(K) PLAN · CAMBRIDGE, MA · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Cambridge Mobile Telematics, Inc. reported $91,827 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $5,711 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 0.18% to 0.23%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 762nd-largest of 2,726 plans among Massachusetts employers on file, and the 3,034th of 11,654 in professional & technical services. In 2024, employees put in $2.78 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$44,364,567
Participants with balances444
Active participants325
Employer contributions$1,856,165
Employee contributions$5,159,534
Employer contribution per active participant$5,711
Average account balance$99,920
Benefits paid to participants$3,095,709
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$44.4M · 444 accts · $1.9M emplr
2023$34.4M · 427 accts · $1.9M emplr
2022$23.9M · 444 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$88,891
Total administrative$91,827
The Cambridge Mobile Telematics, Inc. 401(k) match · 2024
Employer contribution per active participant$5,711
Median for plans this size$2,416
2024$5,711 per active participant
2023$5,987 per active participant
2022$4,829 per active participant

Cambridge Mobile Telematics, Inc.'s 2024 employer contribution ran above the $2,416 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
JOHN HANCOCK RETIREMENT PLAN SERVIC · Recordkeeping$33,173
TWELVE POINTS WEALTH MANAGEMENT · Investment advisory (plan)$55,718

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$91,827 · 0.23%
2023$76,420 · 0.26%
2022$39,940 · 0.18%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 271188433 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.