Plan Ledger DOL Form 5500 · updated monthly

Envirobusiness, Inc.401(k)

ENVIROBUSINESS, INC. 401(K) PLAN · BURLINGTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Envirobusiness, Inc. reported $107,974 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $884 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 0.18% to 0.24%. 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 the 719th-largest of 2,726 plans among Massachusetts employers on file, and the 2,826th of 11,654 in professional & technical services. In 2024, employees put in $7.54 for every $1.00 the employer contributed; active participation has shrunk from 573 to 428 since 2022.

Plan summary
Net assets, end of year$48,556,031
Participants with balances559
Active participants428
Employer contributions$378,173
Employee contributions$2,849,927
Employer contribution per active participant$884
Average account balance$86,862
Benefits paid to participants$3,911,177
Plan auditUnmodified (clean) audit opinion
AuditorWALDRON H. RAND & COMPANY, PC
Plan history3
Yearassets · accounts · employer contribution
2024$48.6M · 559 accts · $378K emplr
2023$43.2M · 542 accts
2022$38.0M · 625 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$65,499
Investment management$42,475
Total administrative$107,974
The Envirobusiness, Inc. 401(k) match · 2024
Employer contribution per active participant$884
Median for plans this size$2,416

Envirobusiness, Inc.'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 · 20244
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$65,499
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$18,307
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$15,261
LPL FINANCIAL · Investment advisory (participants)$8,907

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$107,974 · 0.24%
2023$138,945 · 0.34%
2022$75,240 · 0.18%
Same employer
Similar plansProfessional & Technical Services · Massachusetts
Pearl Meyer & Partners, LLC MA$50.0M · 0.00%
Jobs for the Future, Inc. MA$49.9M · 0.04%
Datarobot, Inc MA$47.7M · 0.24%
Arcadia Solutions, LLC MA$47.6M · 0.13%
Beam Therapeutics, Inc. MA$47.6M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043082605 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.