Plan Ledger DOL Form 5500 · updated monthly

Ef Services, Inc.401(k)

EF EDUCATION 401K RETIREMENT SAVINGS PLAN · CAMBRIDGE, MA · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Ef Services, Inc. reported $346,875 in plan administrative expenses for 2024: 0.17% of average plan assets, above the peer median. Employer contributions averaged $1,522 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 1 year on file its reported administrative ratio rose from 0.16% to 0.17%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other educational services employers. By assets it is the 229th-largest of 2,726 plans among Massachusetts employers on file, and the 248th of 3,091 in educational services. In 2024, employees put in $4.46 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$230,211,453
Participants with balances2,969
Active participants2,624
Employer contributions$3,995,027
Employee contributions$17,816,686
Employer contribution per active participant$1,522
Average account balance$77,538
Benefits paid to participants$11,231,990
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$230.2M · 2,969 accts · $4.0M emplr
2023$184.9M · 2,722 accts · $3.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$247,159
Investment management$70,116
Audit (IQPA)$29,600
Total administrative$346,875
The Ef Services, Inc. 401(k) match · 2024
Employer contribution per active participant$1,522
Median for plans this size$3,635
2024$1,522 per active participant
2023$1,394 per active participant

Ef Services, Inc.'s 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom 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 · 20244
MORGAN STANLEY SMITH BARNEY LLC · Investment advisory (participants)$70,116
TSS FINANCIAL PARTNERS, LLP · Accounting / audit$17,600
TYLER, SIMMS & ST. SAUVEUR, CPAS · Accounting / audit$12,000
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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

Administrative cost history2
2024$346,875 · 0.17%
2023$254,488 · 0.16%
Same employer
Similar plansEducational Services · Massachusetts
Emerson College MA$270.8M · 0.11%
Simmons University MA$269.5M · 0.05%
Springfield College MA$245.8M · 0.03%
Stonehill College MA$239.9M · 0.10%
Wheaton College MA$213.5M · 0.08%
Lesley University MA$196.0M · 0.09%
Merrimack College MA$184.6M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043534772 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.