Plan Ledger DOL Form 5500 · updated monthly

Grantham, Mayo, van Otterloo & Co. LLC401(k)

GMO 401(K) PROFIT SHARING PLAN · BOSTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Grantham, Mayo, van Otterloo & Co. LLC reported $3,025 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $20,544 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 0.002% to 0.002%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 291st-largest of 2,726 plans among Massachusetts employers on file, and the 635th of 4,798 in finance & insurance. In 2024, the employer put in $1.17 for every $1.00 employees contributed themselves; active participation has shrunk from 404 to 359 since 2022.

Plan summary
Net assets, end of year$178,241,804
Participants with balances495
Active participants359
Employer contributions$7,375,408
Employee contributions$6,296,822
Employer contribution per active participant$20,544
Average account balance$360,084
Benefits paid to participants$7,222,114
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$178.2M · 495 accts · $7.4M emplr
2023$152.0M · 504 accts · $9.9M emplr
2022$120.0M · 521 accts · $7.6M emplr
The Grantham, Mayo, van Otterloo & Co. LLC 401(k) match · 2024
Employer contribution per active participant$20,544
Median for plans this size$3,635
2024$20,544 per active participant
2023$27,434 per active participant
2022$18,835 per active participant

Grantham, Mayo, van Otterloo & Co. LLC's 2024 employer contribution ran above the $3,635 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 · 20241
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$3,325

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$3,025 · 0.00%
2023$4,424 · 0.00%
2022$2,800 · 0.00%
Same employer
Similar plansFinance & Insurance · Massachusetts
Safety Insurance Company MA$205.8M · 0.04%
Berkshire Bank MA$182.7M · 0.09%
Amundi US, Inc. MA$174.2M · 0.04%
Nepc, LLC MA$170.6M · 0.06%
Brookline Bancorp, Inc. MA$168.7M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042691242 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.