Plan Ledger DOL Form 5500 · updated monthly

Hayes Management Consulting, LLC401(k)

MDAUDIT 401(K) PLAN · WALTHAM, MA · plan year 2022

Reported admin expense ratio · 2022
0.17%

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

Hayes Management Consulting, LLC reported $20,713 in plan administrative expenses for 2022: 0.17% of average plan assets, below the peer median. Employer contributions averaged $3,139 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Massachusetts (1,774th of 2,726), and 7,532nd of 11,654 in professional & technical services. In 2022, employees put in $3.93 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,525,910
Participants with balances90
Active participants74
Employer contributions$232,282
Employee contributions$912,592
Employer contribution per active participant$3,139
Average account balance$128,066
Benefits paid to participants$1,167,919
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$20,713
Total administrative$20,713
The Hayes Management Consulting, LLC 401(k) match · 2022
Employer contribution per active participant$3,139
Median for plans this size$2,266

Hayes Management Consulting, LLC's 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$20,713 · 0.17%
Similar plansProfessional & Technical Services · Massachusetts
Viridian Therapeutics, Inc. MA$11.6M · 0.14%
Demand Science Group MA$11.6M · 0.38%
Care Everywhere, LLC MA$11.5M · 0.18%
Tsd Rental, LLC MA$11.5M · 0.34%
Gpmf Holdings Inc MA$11.5M · 0.27%
Bicycle Therapeutics Inc MA$11.4M · 0.19%
Inkhouse MA$11.4M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 810830280 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.