Plan Ledger DOL Form 5500 · updated monthly

Clearplan Consulting, LLC401(k)

CLEARPLAN LLC 401(K) PLAN · WESTBOROUGH, MA · plan year 2024

Reported admin expense ratio · 2024
0.17%

Clearplan Consulting, LLC reported $25,279 in plan administrative expenses for 2024: 0.17% of average plan assets, below the peer median. 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 0.25% to 0.17%. 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 among the smaller plans on file in Massachusetts (1,422nd of 2,726), and 5,986th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$17,675,736
Participants with balances157
Active participants194
Employer contributions—
Employee contributions$2,184,199
Employer contribution per active participant—
Average account balance$112,584
Benefits paid to participants$936,702
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.7M · 157 accts
2023$12.7M · 144 accts
2022$9.3M · 150 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,279
Total administrative$25,279
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 · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$25,078

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$25,279 · 0.17%
2023$18,771 · 0.17%
2022$22,356 · 0.25%
Same employer
Similar plansProfessional & Technical Services · Massachusetts
Eqrx International, Inc. MA$18.1M · 0.05%
Cullinan Therapeutics, Inc. MA$18.0M · 0.01%
Formlabs, Inc. MA$17.8M · 0.41%
Karuna Therapeutics MA$17.6M · 0.27%
Cogent Biosciences, Inc. MA$17.6M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 463464356 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.