Plan Ledger DOL Form 5500 · updated monthly

Heidelberg Engineering, Inc.401(k)

HEIDELBERG ENGINEERING, INC. 401(K) PROFIT SHARING PLAN · FRANKLIN, MA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Heidelberg Engineering, Inc. reported $3,477 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,943 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 0.03% to 0.02%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Massachusetts (1,538th of 2,726), and 6,492nd of 11,654 in professional & technical services. In 2024, employees put in $2.34 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,337,833
Participants with balances124
Active participants101
Employer contributions$499,286
Employee contributions$1,170,573
Employer contribution per active participant$4,943
Average account balance$123,692
Benefits paid to participants$1,899,431
Plan auditUnmodified (clean) audit opinion
AuditorPAVENTO, RATCLIFFE, RENZI & CO. LLC
Plan history2
Yearassets · accounts · employer contribution
2024$15.3M · 124 accts · $499K emplr
2023$13.4M · 125 accts · $459K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,831
Investment management$646
Total administrative$3,477
The Heidelberg Engineering, Inc. 401(k) match · 2024
Employer contribution per active participant$4,943
Median for plans this size$2,416
2024$4,943 per active participant
2023$4,687 per active participant

Heidelberg Engineering, 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$2,831

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

Administrative cost history2
2024$3,477 · 0.02%
2023$3,017 · 0.03%
Similar plansProfessional & Technical Services · Massachusetts
Vecna Robotics, Inc. MA$16.0M · 0.15%
Captivate, LLC MA$15.5M · 0.27%
Woods Hole Group MA$15.4M · 0.33%
World Education, Inc. MA$15.4M · 0.01%
Allen & Gerritsen, Inc. MA$15.2M · 0.35%
Insight Service Group Inc MA$14.9M · 2.64%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363970797 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.