Plan Ledger DOL Form 5500 · updated monthly

Cleargov, Inc.401(k)

CLEARGOV, INC. 401(K) PLAN · MAYNARD, MA · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Cleargov, Inc. reported $5,084 in plan administrative expenses for 2024: 0.13% of average plan assets, lower than ~75% of peers. Employer contributions averaged $771 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Massachusetts (2,332nd of 2,726), and 1,907th of 2,199 in information & media. In 2024, employees put in $8.67 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,727,491
Participants with balances138
Active participants148
Employer contributions$114,046
Employee contributions$989,157
Employer contribution per active participant$771
Average account balance$34,257
Benefits paid to participants$394,002
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,784
Total administrative$5,084
The Cleargov, Inc. 401(k) match · 2024
Employer contribution per active participant$771
Median for plans this size$1,313

Cleargov, Inc.'s 2024 employer contribution ran below the $1,313 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
JOHN HANCOCK LIFE INSURANCE CO. · Recordkeeping$622
WILSHIRE ASSOCIATES, INC. · Investment advisory (participants)$806

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

Administrative cost history1
2024$5,084 · 0.13%
Same employer
Similar plansInformation & Media · Massachusetts
1UPHEALTH MA$5.4M · 0.31%
Wellframe, Inc. MA$4.7M · 0.05%
Netnumber, Inc. MA$4.4M · 0.40%
Paperless Parts, Inc. MA$4.3M · 0.66%
Logicmanager Inc. MA$4.2M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 475205793 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.