Plan Ledger DOL Form 5500 · updated monthly

Eliassen Group, LLC.401(k)

ELIASSEN GROUP, LLC 401(K) PLAN · READING, 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

Eliassen Group, LLC. reported $215,333 in plan administrative expenses for 2024: 0.17% of average plan assets, above the peer median. Employer contributions averaged $219 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 0.15% to 0.17%. 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 351st-largest of 2,726 plans among Massachusetts employers on file, and the 1,135th of 11,654 in professional & technical services. In 2024, employees put in $23.44 for every $1.00 the employer contributed; active participation has grown from 2,184 to 2,790 since 2022.

Plan summary
Net assets, end of year$136,982,231
Participants with balances2,528
Active participants2,790
Employer contributions$610,470
Employee contributions$14,312,107
Employer contribution per active participant$219
Average account balance$54,186
Benefits paid to participants$21,730,383
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$137.0M · 2,528 accts · $610K emplr
2023$121.6M · 2,434 accts · $639K emplr
2022$94.8M · 2,374 accts · $471K emplr
The Eliassen Group, LLC. 401(k) match · 2024
Employer contribution per active participant$219
Median for plans this size$3,635
2024$219 per active participant
2023$330 per active participant
2022$215 per active participant

Eliassen Group, LLC.'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 · 20242
MORGAN STANLEY SMITH BARNEY LLC · Investment advisory (participants)$234,808
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 history3
2024$215,333 · 0.17%
2023$174,943 · 0.16%
2022$148,254 · 0.15%
Same employer
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Weston & Sampson MA$150.3M · 0.02%
Harte-Hanks, Inc. MA$149.0M · 0.02%
Aspen HR Peo LLC MA$148.6M · 0.75%
Brown Rudnick LLP MA$140.5M · 0.13%
Agios Pharmaceuticals MA$134.2M · 0.05%
Tuv Sud America, Inc. MA$131.3M · 0.04%
Ideo, LP MA$131.0M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043097449 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.