Plan Ledger DOL Form 5500 · updated monthly

Enterprise Associates, LLC401(k)

ENTERPRISE ASSOCIATES LLC 401(K) RETIREMENT PLAN · NORWOOD, MA · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Enterprise Associates, LLC reported $58,844 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $408 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 0.27% to 0.25%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 1,116th-largest of 2,726 plans among Massachusetts employers on file, and the 506th of 2,534 in administrative & support services. In 2024, employees put in $9.40 for every $1.00 the employer contributed; active participation has grown from 452 to 513 since 2022.

Plan summary
Net assets, end of year$25,645,089
Participants with balances600
Active participants513
Employer contributions$209,495
Employee contributions$1,969,680
Employer contribution per active participant$408
Average account balance$42,742
Benefits paid to participants$1,413,179
Plan auditUnmodified (clean) audit opinion
AuditorGRAY GRAY& GRAY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$25.6M · 600 accts · $209K emplr
2023$21.5M · 579 accts · $199K emplr
2022$17.4M · 551 accts · $181K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,567
Investment management$43,277
Total administrative$58,844
The Enterprise Associates, LLC 401(k) match · 2024
Employer contribution per active participant$408
Median for plans this size$2,416
2024$408 per active participant
2023$416 per active participant
2022$402 per active participant

Enterprise Associates, LLC's 2024 employer contribution ran below the $2,416 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 · 20243
COMMONWEALTH EQUITY SERVICES, INC. · Recordkeeping · Trustee$43,277
ADP, INC. · Loan processing · Recordkeeping$15,567
ADP BROKER-DEALER · Other servicesindirect 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
2024ADP, COMMONWEALTH EQUITY SERVICES, INC.
2023ADP, COMMONWEALTH EQUITY SERVICES, INC.

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Administrative cost history3
2024$58,844 · 0.25%
2023$47,995 · 0.25%
2022$51,049 · 0.27%
Same employer
Similar plansAdministrative & Support Services · Massachusetts
Isaacson Miller MA$48.4M · 0.27%
Globalization Partners MA$36.7M · 0.10%
Harvey Tool Company, LLC MA$36.4M · 0.50%
UG2, LLC MA$29.8M · 0.28%
Tssd Services, Inc. MA$23.8M · 0.02%
Barton & Associates Inc. MA$22.4M · 0.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261573584 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.