Plan Ledger DOL Form 5500 · updated monthly

Circle Internet Financial, LLC401(k)

CIRCLE 401(K) PLAN · BOSTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Circle Internet Financial, LLC reported $23,960 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,518 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 0.01% to 0.04%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 534th-largest of 2,726 plans among Massachusetts employers on file, and the 1,283rd of 4,798 in finance & insurance. In 2024, employees put in $1.96 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$71,319,247
Participants with balances938
Active participants674
Employer contributions$5,741,191
Employee contributions$11,239,909
Employer contribution per active participant$8,518
Average account balance$76,033
Benefits paid to participants$5,962,664
Plan auditUnmodified (clean) audit opinion
AuditorWOLF & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$71.3M · 938 accts · $5.7M emplr
2023$47.4M · 821 accts · $5.4M emplr
2022$24.7M · 769 accts · $3.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,949
Investment management$6,011
Total administrative$23,960
The Circle Internet Financial, LLC 401(k) match · 2024
Employer contribution per active participant$8,518
Median for plans this size$3,635
2024$8,518 per active participant
2023$8,358 per active participant
2022$5,554 per active participant

Circle Internet Financial, LLC's 2024 employer contribution ran above the $3,635 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 INSTITUTIONAL · Loan processing$19,679
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$6,011

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$23,960 · 0.04%
2023$50,649 · 0.14%
2022$2,311 · 0.01%
Same employer
Similar plansFinance & Insurance · Massachusetts
Harborone Bank MA$80.3M · 0.18%
Bay Coast Bank MA$78.3M · 0.18%
Leerink Partners LLC MA$76.1M · 0.16%
Cambridge Trust Company MA$73.7M · 0.23%
Needham Bank MA$69.0M · 0.13%
Peoplesbank MA$68.9M · 0.22%
Weiss Asset Management LP MA$68.5M · 0.00%
Fiduciary Trust Company MA$68.1M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 463394676 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.