Plan Ledger DOL Form 5500 · updated monthly

Exagrid Systems, Inc.401(k)

EXAGRID SYSTEMS, INC. 401(K) PLAN · MARLBOROUGH, MA · plan year 2025

Reported admin expense ratio · 2025
0.13%

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

Exagrid Systems, Inc. reported $50,552 in plan administrative expenses for 2025: 0.13% of average plan assets, below the peer median. Employer contributions averaged $0 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 3 years on file its reported administrative ratio fell from 0.14% to 0.13%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other manufacturing employers. By assets it is the 800th-largest of 2,726 plans among Massachusetts employers on file, and the 3,570th of 13,661 in manufacturing. active participation has grown from 224 to 280 since 2022.

Plan summary
Net assets, end of year$41,892,445
Participants with balances262
Active participants280
Employer contributions$0
Employee contributions$3,814,442
Employer contribution per active participant$0
Average account balance$159,895
Benefits paid to participants$3,818,688
Plan auditUnmodified (clean) audit opinion
AuditorDOWNEY AND COMPANY LLP
Plan history4
Yearassets · accounts · employer contribution
2025$41.9M · 262 accts
2024$34.9M · 260 accts
2023$27.7M · 235 accts
2022$22.2M · 220 accts
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$44,164
Investment management$6,388
Total administrative$50,552
The Exagrid Systems, Inc. 401(k) match · 2025
Employer contribution per active participant$0
Median for plans this size$2,666

Exagrid Systems, Inc.'s 2025 employer contribution ran below the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$44,164
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$6,388

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

Administrative cost history4
2025$50,552 · 0.13%
2024$44,214 · 0.14%
2023$32,943 · 0.13%
2022$32,945 · 0.14%
Same employer
Similar plansManufacturing · Massachusetts
Sekisui America Corporation MA$48.1M · 0.25%
Icp Construction Inc. MA$46.7M · 0.61%
Charm Sciences, Inc. MA$46.3M · 0.12%
Advance Mfg. Co., Inc. MA$42.4M · 0.41%
Optos Inc. MA$41.7M · 0.11%
Mycronic MA$40.9M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043584420 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.