Plan Ledger DOL Form 5500 · updated monthly

Dimagi Inc.401(k)

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

Reported admin expense ratio · 2024
0.09%

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

Dimagi Inc. reported $10,322 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,237 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 0.05% to 0.09%. 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 (1,725th of 2,726), and 7,346th of 11,654 in professional & technical services. In 2024, employees put in $2.58 for every $1.00 the employer contributed; active participation has shrunk from 112 to 84 since 2022.

Plan summary
Net assets, end of year$12,161,131
Participants with balances113
Active participants84
Employer contributions$439,935
Employee contributions$1,133,989
Employer contribution per active participant$5,237
Average account balance$107,621
Benefits paid to participants$1,199,103
Plan auditUnmodified (clean) audit opinion
AuditorMORRIS & MORRIS, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$12.2M · 113 accts · $440K emplr
2023$10.1M · 125 accts · $487K emplr
2022$7.7M · 155 accts · $455K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,292
Investment management$9,030
Total administrative$10,322
The Dimagi Inc. 401(k) match · 2024
Employer contribution per active participant$5,237
Median for plans this size$2,416
2024$5,237 per active participant
2023$2,445 per active participant
2022$4,064 per active participant

Dimagi 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
GUIDELINE, INC. · Plan administrator · Recordkeeping$9,390
BENEFIT TRUST COMPANY · Custodial · Custodial (securities)indirect comp

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

Recordkeeper by year2
2024Guideline
2023Guideline

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

Administrative cost history3
2024$10,322 · 0.09%
2023$8,061 · 0.09%
2022$4,371 · 0.05%
Similar plansProfessional & Technical Services · Massachusetts
Gupta Media Holdings LLC MA$12.3M · 0.00%
24M Technologies Inc MA$12.2M · 0.35%
Demiurge Studios Inc. MA$12.1M · 0.22%
Tscan Therapeutics Inc. MA$12.0M · 0.34%
Omega Therapeutics, Inc. MA$11.8M · 0.11%
Whitridge Associates, Inc. MA$11.8M · 0.11%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 830343298 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.