Plan Ledger DOL Form 5500 · updated monthly

Mak Technologies, Inc.401(k)

MAK TECHNOLOGIES 401(K) RETIREMENT PLAN · CAMBRIDGE, MA · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Mak Technologies, Inc. reported $73,908 in plan administrative expenses for 2024: 0.30% of average plan assets, above the peer median. Employer contributions averaged $2,890 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 0.25% to 0.30%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,123rd-largest of 2,726 plans among Massachusetts employers on file, and the 4,711th of 11,654 in professional & technical services. In 2024, employees put in $4.31 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$25,328,629
Participants with balances99
Active participants72
Employer contributions$208,057
Employee contributions$897,524
Employer contribution per active participant$2,890
Average account balance$255,845
Benefits paid to participants$2,414,000
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$25.3M · 99 accts · $208K emplr
2023$23.2M · 101 accts · $279K emplr
2022$20.2M · 110 accts · $279K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,478
Investment management$30,492
Trustee / custodial$3,938
Total administrative$73,908
The Mak Technologies, Inc. 401(k) match · 2024
Employer contribution per active participant$2,890
Median for plans this size$2,416
2024$2,890 per active participant
2023$3,876 per active participant
2022$3,775 per active participant

Mak Technologies, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20242
SENTINEL BENEFITS GROUP, INC. · Recordkeeping$39,478
SENTINEL PENSION ADVISORS · Investment advisory (plan)$30,492

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

Recordkeeper by year2
2024Sentinel Group
2023Sentinel Group

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$73,908 · 0.30%
2023$70,663 · 0.33%
2022$60,294 · 0.25%
Similar plansProfessional & Technical Services · Massachusetts
C4 Therapeutics, Inc. MA$26.0M · 0.00%
Validity Inc. MA$25.7M · 0.36%
Ocular Therapeutix, Inc. MA$25.1M · 0.46%
Veristat, LLC MA$24.9M · 0.29%
Kymera Therapeutics, Inc. MA$24.8M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043095296 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.