Plan Ledger DOL Form 5500 · updated monthly

McR Labs LLC401(k)

MCR LABS 401(K) PLAN · FRAMINGHAM, MA · plan year 2024

Reported admin expense ratio · 2024
0.77%

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

McR Labs LLC reported $15,039 in plan administrative expenses for 2024: 0.77% of average plan assets, above the peer median. Employer contributions averaged $24 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 0.48% to 0.77%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Massachusetts (2,574th of 2,726), and 10,858th of 11,654 in professional & technical services. In 2024, employees put in $124.83 for every $1.00 the employer contributed; active participation has shrunk from 79 to 70 since 2022.

Plan summary
Net assets, end of year$2,046,809
Participants with balances105
Active participants70
Employer contributions$1,704
Employee contributions$212,712
Employer contribution per active participant$24
Average account balance$19,493
Benefits paid to participants$279,068
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.0M · 105 accts · $2K emplr
2023$1.8M · 104 accts
2022$1.4M · 111 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,539
Investment management$7,500
Total administrative$15,039
The McR Labs LLC 401(k) match · 2024
Employer contribution per active participant$24
Median for plans this size$1,313

McR Labs LLC's 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
PINNACLE PENSION CONSULTANTS · Investment advisory (plan)$7,500

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$15,039 · 0.77%
2023$4,523 · 0.28%
2022$6,787 · 0.48%
Similar plansProfessional & Technical Services · Massachusetts
Maidpro Franchise LLC MA$2.7M · 0.59%
Gavin Foundation Inc MA$2.6M · 0.31%
Biobot Analytics MA$2.6M · 0.17%
Dotcom Team LLC MA$1.9M · 0.21%
Maxima Consulting, Inc. MA$1.4M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 463124709 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.