Plan Ledger DOL Form 5500 · updated monthly

Highroads, Inc.401(k)

HIGHROADS, INC. 401(K) PLAN · BURLINGTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Highroads, Inc. reported $31,052 in plan administrative expenses for 2024: 0.41% of average plan assets, below the peer median. Employer contributions averaged $2,150 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 0.50% to 0.41%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Massachusetts (2,027th of 2,726), and 8,585th of 11,654 in professional & technical services. In 2024, employees put in $7.41 for every $1.00 the employer contributed; active participation has shrunk from 82 to 46 since 2022.

Plan summary
Net assets, end of year$8,269,870
Participants with balances102
Active participants46
Employer contributions$98,915
Employee contributions$733,403
Employer contribution per active participant$2,150
Average account balance$81,077
Benefits paid to participants$1,344,469
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.3M · 102 accts · $99K emplr
2023$6.7M · 110 accts · $355K emplr
2022$5.0M · 124 accts · $450K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,052
Investment management$10,000
Total administrative$31,052
The Highroads, Inc. 401(k) match · 2024
Employer contribution per active participant$2,150
Median for plans this size$1,313
2024$2,150 per active participant
2023$5,721 per active participant
2022$5,483 per active participant

Highroads, Inc.'s 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
FIDELITY INVEST INSTITUTIONAL · Loan processing$21,052
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$10,000

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$31,052 · 0.41%
2023$25,983 · 0.44%
2022$23,860 · 0.50%
Similar plansProfessional & Technical Services · Massachusetts
Dtiq Technologies, Inc. MA$8.7M · 0.42%
Ksq Therapeutics Inc MA$8.4M · 0.04%
Marketing by Design, LLC MA$8.3M · 0.03%
Hydration Labs, Inc. MA$8.2M · 0.28%
Solo.Io MA$8.2M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 522218774 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.