Plan Ledger DOL Form 5500 · updated monthly

Finalsite Holdings, Inc.401(k)

FINALSITE 401(K) PLAN · GLASTONBURY, CT · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Finalsite Holdings, Inc. reported $39,363 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,652 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 0.02% to 0.11%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 341st-largest of 1,106 plans among Connecticut employers on file, and the 633rd of 2,199 in information & media. In 2024, employees put in $2.39 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$39,666,737
Participants with balances449
Active participants344
Employer contributions$1,600,144
Employee contributions$3,830,508
Employer contribution per active participant$4,652
Average account balance$88,345
Benefits paid to participants$1,652,296
Plan auditUnmodified (clean) audit opinion
AuditorFIONDELLA, MILONE & LASARACINA
Plan history3
Yearassets · accounts · employer contribution
2024$39.7M · 449 accts · $1.6M emplr
2023$29.8M · 430 accts · $1.6M emplr
2022$21.7M · 429 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,363
Investment management$30,000
Total administrative$39,363
The Finalsite Holdings, Inc. 401(k) match · 2024
Employer contribution per active participant$4,652
Median for plans this size$2,416
2024$4,652 per active participant
2023$4,503 per active participant
2022$3,125 per active participant

Finalsite Holdings, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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
NORTHWESTERN MUTUAL WEALTH MGMT CO · Investment advisory (plan)$30,000
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$9,363

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$39,363 · 0.11%
2023$24,170 · 0.09%
2022$3,700 · 0.02%
Similar plansInformation & Media · Connecticut
Lightbox Employer, L.L.C. CT$89.8M · 0.19%
Connoisseur Media, LLC CT$38.3M · 0.13%
The Taunton Press, Inc. CT$30.6M · 0.19%
Rfs Technologies Inc. CT$29.1M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 455495914 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.