Plan Ledger DOL Form 5500 · updated monthly

Harbourvest Partners, LLC401(k)

HARBOURVEST PARTNERS, LLC 401(K) PLAN · BOSTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Harbourvest Partners, LLC reported $112,980 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $11,423 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 1 year on file its reported administrative ratio fell from 0.07% to 0.06%. 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 232nd-largest of 2,726 plans among Massachusetts employers on file, and the 540th of 4,798 in finance & insurance. In 2024, employees put in $1.28 for every $1.00 the employer contributed; active participation has grown from 808 to 941 since 2022.

Plan summary
Net assets, end of year$225,849,218
Participants with balances1,094
Active participants941
Employer contributions$10,748,993
Employee contributions$13,795,546
Employer contribution per active participant$11,423
Average account balance$206,444
Benefits paid to participants$9,654,666
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$225.8M · 1,094 accts · $10.7M emplr
2023$178.2M · 1,005 accts · $9.1M emplr
2022$132.8M · 888 accts · $6.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$75,150
Investment management$37,830
Total administrative$112,980
The Harbourvest Partners, LLC 401(k) match · 2024
Employer contribution per active participant$11,423
Median for plans this size$3,635
2024$11,423 per active participant
2023$10,199 per active participant
2022$8,269 per active participant

Harbourvest Partners, 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 · 20242
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$37,830

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$112,980 · 0.06%
2023$105,751 · 0.07%
2022Not separately reported
Same employer
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Rockland Trust Company MA$300.0M · 0.06%
The Colony Group, LLC MA$269.5M · 0.01%
Digital Federal Credit Union MA$221.3M · 0.20%
Safety Insurance Company MA$205.8M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043335829 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.