Plan Ledger DOL Form 5500 · updated monthly

Lovepop Inc.401(k)

LOVEPOP 401(K) PLAN · BOSTON, MA · plan year 2023

Reported admin expense ratio · 2023
0.14%

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

Lovepop Inc. reported $2,810 in plan administrative expenses for 2023: 0.14% of average plan assets, lower than ~75% of peers. Employer contributions averaged $157 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 0.13% to 0.14%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in Massachusetts (2,567th of 2,726), and 797th of 945 in agriculture, forestry & fishing. In 2023, employees put in $40.29 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,119,086
Participants with balances76
Active participants57
Employer contributions$8,923
Employee contributions$359,484
Employer contribution per active participant$157
Average account balance$27,883
Benefits paid to participants$393,534
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$2.1M · 76 accts · $9K emplr
2022$1.8M · 114 accts
The Lovepop Inc. 401(k) match · 2023
Employer contribution per active participant$157
Median for plans this size$1,308

Lovepop Inc.'s 2023 employer contribution ran below the $1,308 median for plans its size, in the bottom 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.

Service providers · 20237
T. ROWE PRICE RPS, INC. · Recordkeeping · Trustee$2,810
DIMENSIONAL FUNDS · Investment managementindirect comp
COLUMBIA FUNDS · Investment managementindirect comp
AMERICAN FUNDS · Investment managementindirect comp
PRUDENTIAL JENNISON · Investment managementindirect comp
MFS FUNDS · Investment managementindirect comp
FIDELITY · Investment managementindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2023$2,810 · 0.14%
2022$2,390 · 0.13%
Similar plansAgriculture, Forestry & Fishing · Massachusetts
Next Step Healthcare, LLC MA$10.2M · 0.19%
3 Phase Elevator Corp. MA$9.8M · 0.41%
Airslate, Inc. MA$5.8M · 0.37%
Column Health LLC MA$1.0M · 0.75%

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Source: U.S. Department of Labor, Form 5500 series, EIN 474120763 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.