Plan Ledger DOL Form 5500 · updated monthly

Interoperability Bidco, Inc.401(k)

INTEROPERABILITY BIDCO, INC. 401(K) PLAN · BOSTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Interoperability Bidco, Inc. reported $78,917 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $5,501 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 rose from 0.01% to 0.26%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 931st-largest of 2,726 plans among Massachusetts employers on file, and the 721st of 2,199 in information & media. In 2024, employees put in $2.32 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$33,550,959
Participants with balances275
Active participants215
Employer contributions$1,182,697
Employee contributions$2,738,633
Employer contribution per active participant$5,501
Average account balance$122,003
Benefits paid to participants$2,398,943
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$33.6M · 275 accts · $1.2M emplr
2023$26.6M · 269 accts · $1.3M emplr
2022$21.0M · 284 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$40,616
Investment management$38,301
Total administrative$78,917
The Interoperability Bidco, Inc. 401(k) match · 2024
Employer contribution per active participant$5,501
Median for plans this size$2,416
2024$5,501 per active participant
2023$5,918 per active participant
2022$5,195 per active participant

Interoperability Bidco, 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$40,616
WORLD INVESTMENT ADVISORS LLC · Investment advisory (plan)$38,301

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$78,917 · 0.26%
2023$51,789 · 0.22%
2022$1,896 · 0.01%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 320574278 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.