Plan Ledger DOL Form 5500 · updated monthly

Manning Gross + Massenburg LLP401(k)

MANNING GROSS + MASSENBURG LLP 401(K) PROFIT SHARING PLAN · BOSTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Manning Gross + Massenburg LLP reported $36,900 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $3,484 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 fell from 0.19% to 0.07%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 616th-largest of 2,726 plans among Massachusetts employers on file, and the 2,403rd of 11,654 in professional & technical services. In 2024, employees put in $2.58 for every $1.00 the employer contributed; active participation has grown from 311 to 463 since 2022.

Plan summary
Net assets, end of year$59,274,366
Participants with balances665
Active participants463
Employer contributions$1,613,229
Employee contributions$4,155,556
Employer contribution per active participant$3,484
Average account balance$89,134
Benefits paid to participants$3,076,373
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$59.3M · 665 accts · $1.6M emplr
2023$46.7M · 552 accts · $1.4M emplr
2022$35.6M · 485 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,600
Investment management$17,850
Total administrative$36,900
The Manning Gross + Massenburg LLP 401(k) match · 2024
Employer contribution per active participant$3,484
Median for plans this size$3,635
2024$3,484 per active participant
2023$3,798 per active participant
2022$3,656 per active participant

Manning Gross + Massenburg LLP's 2024 employer contribution ran below the $3,635 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 · 20243
FORVIS MARZARS$17,850
THE ANGELL PENSION GROUP, INC. · Other servicesindirect comp
MORNINGSTAR · Investment advisory (plan)indirect comp

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$36,900 · 0.07%
2023$31,960 · 0.08%
2022$69,575 · 0.19%
Same employer
Similar plansProfessional & Technical Services · Massachusetts
Altman Solon US, LP MA$62.2M · 0.15%
Vestmark, Inc MA$60.3M · 0.07%
Tracelink, Inc. MA$59.6M · 0.10%
Stratus Technologies, Inc. MA$58.8M · 0.04%
Sdl Inc. MA$58.2M · 0.21%
Apps Associates LLC MA$57.7M · 0.28%
Worldwide Techservices, LLC MA$57.1M · 0.02%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 043339733 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.