Plan Ledger DOL Form 5500 · updated monthly

Insulet Corporation401(k)

INSULET CORPORATION 401(K) PROFIT SHARING PLAN · ACTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Insulet Corporation reported $423,596 in plan administrative expenses for 2024: 0.19% of average plan assets, above the peer median. Employer contributions averaged $3,555 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 0.21% to 0.19%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 213th-largest of 2,726 plans among Massachusetts employers on file, and the 995th of 13,661 in manufacturing. In 2024, employees put in $3.15 for every $1.00 the employer contributed; active participation has grown from 2,038 to 2,707 since 2022.

Plan summary
Net assets, end of year$250,360,200
Participants with balances3,246
Active participants2,707
Employer contributions$9,622,829
Employee contributions$30,345,709
Employer contribution per active participant$3,555
Average account balance$77,129
Benefits paid to participants$16,989,445
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$250.4M · 3,246 accts · $9.6M emplr
2023$192.2M · 2,835 accts · $8.3M emplr
2022$142.0M · 2,543 accts · $7.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$245,256
Investment management$178,340
Total administrative$423,596
The Insulet Corporation 401(k) match · 2024
Employer contribution per active participant$3,555
Median for plans this size$3,635
2024$3,555 per active participant
2023$3,621 per active participant
2022$3,479 per active participant

Insulet Corporation's 2024 employer contribution ran below the $3,635 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$245,256
MORGAN STANLEY SMITH BARNEY LLC · Investment advisory (participants)$112,731
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$65,609

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$423,596 · 0.19%
2023$348,897 · 0.21%
2022$297,726 · 0.21%
Same employer
Similar plansManufacturing · Massachusetts
Mexichem USA, Inc. MA$271.3M · 0.10%
Axcelis Technologies, Inc. MA$271.2M · 0.06%
Cognex Corporation MA$259.7M · 0.11%
Smith & Wesson Brands, Inc. MA$259.6M · 0.13%
Avid Technology, Inc. MA$241.6M · 0.01%
Babcock Power Inc. MA$224.7M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043523891 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.