Plan Ledger DOL Form 5500 · updated monthly

Excelitas Technologies401(k)

EXCELITAS TECHNOLOGIES SAVINGS PLAN · BILLERICA, MA · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Excelitas Technologies reported $172,017 in plan administrative expenses for 2024: 0.11% of average plan assets, below the peer median. Employer contributions averaged $4,650 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 0.16% to 0.11%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 297th-largest of 2,726 plans among Massachusetts employers on file, and the 269th of 4,246 in wholesale trade. In 2024, employees put in $1.95 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$173,666,439
Participants with balances1,653
Active participants1,037
Employer contributions$4,822,232
Employee contributions$9,380,434
Employer contribution per active participant$4,650
Average account balance$105,061
Benefits paid to participants$14,785,484
Plan auditUnmodified (clean) audit opinion
AuditorG.T. REILLY
Plan history3
Yearassets · accounts · employer contribution
2024$173.7M · 1,653 accts · $4.8M emplr
2023$137.4M · 1,456 accts · $4.3M emplr
2022$113.9M · 1,489 accts · $4.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,717
Investment management$120,000
Audit (IQPA)$10,300
Total administrative$172,017
The Excelitas Technologies 401(k) match · 2024
Employer contribution per active participant$4,650
Median for plans this size$3,635
2024$4,650 per active participant
2023$4,733 per active participant
2022$4,300 per active participant

Excelitas Technologies's 2024 employer contribution ran above the $3,635 median for plans its size. 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
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$120,000
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$41,932
G.T. REILLY & CO. · Accounting / audit$10,300

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$172,017 · 0.11%
2023$183,050 · 0.15%
2022$199,428 · 0.16%
Same employer
Similar plansWholesale Trade · Massachusetts
Martignetti Companies, LLC MA$240.5M · 0.15%
L. Knife & Son, LLC MA$229.2M · 0.11%
L. Knife & Son, Inc. MA$225.1M · 0.12%
Rsa Security LLC MA$213.8M · 0.06%
Southworth-Milton Inc MA$156.8M · 0.12%
Puma North America, Inc. MA$129.6M · 0.16%
Azelis Americas, LLC MA$106.5M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 611624649 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.