Plan Ledger DOL Form 5500 · updated monthly

Labyrinth Solutions, Inc.401(k)

LABYRINTH SOLUTIONS, INC. 401(K) PLAN · WALTHAM, MA · plan year 2023

Reported admin expense ratio · 2023
0.01%

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

Labyrinth Solutions, Inc. reported $800 in plan administrative expenses for 2023: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,277 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 0.01% to 0.00%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Massachusetts (1,943rd of 2,726), and 8,176th of 11,654 in professional & technical services. In 2023, employees put in $1.98 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,437,667
Participants with balances143
Active participants69
Employer contributions$433,100
Employee contributions$857,707
Employer contribution per active participant$6,277
Average account balance$65,998
Benefits paid to participants$386,188
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$8.9M · 152 accts · $395K emplr
2023$9.4M · 143 accts · $433K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$800
Total administrative$800
The Labyrinth Solutions, Inc. 401(k) match · 2023
Employer contribution per active participant$6,277
Median for plans this size$1,308
2024$4,999 per active participant
2023$6,277 per active participant

Labyrinth Solutions, Inc.'s 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2024$250 · 0.00%
2023$800 · 0.01%
Similar plansProfessional & Technical Services · Massachusetts
Harmon Law Offices, P.C. MA$9.7M · 0.03%
Maccormack Plumbing Inc MA$9.6M · 0.70%
Yesware, Inc MA$9.6M · 0.01%
Cogito Corporation, Inc. MA$9.4M · 0.18%
Vendr Inc. MA$9.3M · 0.90%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043419715 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.