Plan Ledger DOL Form 5500 · updated monthly

Eclinicalworks, LLC401(k)

ECLINICALWORKS PROFIT SHARING 401(K) PLAN · WESTBOROUGH, MA · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Eclinicalworks, LLC reported $151,754 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $4,313 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 fell from 0.08% to 0.07%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 220th-largest of 2,726 plans among Massachusetts employers on file, and the 681st of 11,654 in professional & technical services. In 2024, employees put in $2.55 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$240,946,631
Participants with balances1,823
Active participants1,458
Employer contributions$6,288,819
Employee contributions$16,035,923
Employer contribution per active participant$4,313
Average account balance$132,170
Benefits paid to participants$7,344,572
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$240.9M · 1,823 accts · $6.3M emplr
2023$193.4M · 1,867 accts · $5.8M emplr
2022$145.7M · 1,808 accts · $5.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$65,725
Investment management$37,649
Total administrative$151,754
The Eclinicalworks, LLC 401(k) match · 2024
Employer contribution per active participant$4,313
Median for plans this size$3,635
2024$4,313 per active participant
2023$3,892 per active participant
2022$3,793 per active participant

Eclinicalworks, LLC's 2024 employer contribution ran above the $3,635 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$65,725
DIMEO SCHNEIDER & ASSOCIATES LLC · Consulting$48,380
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$37,649

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$151,754 · 0.07%
2023$129,635 · 0.08%
2022$127,863 · 0.08%
Same employer
Similar plansProfessional & Technical Services · Massachusetts
Rocket Software, Inc. MA$275.6M · 0.07%
Ameresco, Inc. MA$251.6M · 0.13%
Beigene USA, Inc. MA$228.5M · 0.03%
Monster Worldwide Inc. MA$223.3M · 0.11%
Eastern Research Group, Inc. MA$217.6M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043461392 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.