Plan Ledger DOL Form 5500 · updated monthly

Iterative Scopes, Inc. dba Iterative Health401(k)

ITERATIVE HEALTH 401(K) PLAN · CAMBRIDGE, MA · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

Iterative Scopes, Inc. dba Iterative Health reported $21,778 in plan administrative expenses for 2024: 0.48% of average plan assets, below the peer median. Employer contributions averaged $3,135 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 rose from 0.25% to 0.48%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Massachusetts (2,274th of 2,726), and 1,858th of 2,199 in information & media. In 2024, employees put in $4.54 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,442,711
Participants with balances173
Active participants104
Employer contributions$325,989
Employee contributions$1,479,819
Employer contribution per active participant$3,135
Average account balance$31,461
Benefits paid to participants$937,154
Plan auditUnmodified (clean) audit opinion
AuditorLEE AND CROWLEY
Plan history2
Yearassets · accounts · employer contribution
2024$5.4M · 173 accts · $326K emplr
2023$3.6M · 182 accts · $328K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,778
Total administrative$21,778
The Iterative Scopes, Inc. dba Iterative Health 401(k) match · 2024
Employer contribution per active participant$3,135
Median for plans this size$1,313
2024$3,135 per active participant
2023$2,464 per active participant

Iterative Scopes, Inc. dba Iterative Health's 2024 employer contribution ran above the $1,313 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$21,778

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$21,778 · 0.48%
2023$6,208 · 0.25%
Same employer
Similar plansInformation & Media · Massachusetts
Yottaa, Inc. MA$5.9M · 0.12%
Leanix, Inc. MA$5.8M · 1.33%
1UPHEALTH MA$5.4M · 0.31%
Wellframe, Inc. MA$4.7M · 0.05%
Cleargov, Inc. MA$4.7M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 842232619 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.