Plan Ledger DOL Form 5500 · updated monthly

Motion Recruitment Partners, LLC401(k)

MOTION RECRUITMENT PARTNERS, LLC 401(K) PLAN · BOSTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Motion Recruitment Partners, LLC reported $230,317 in plan administrative expenses for 2024: 0.19% of average plan assets, above the peer median. Employer contributions averaged -$0 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 0.34% to 0.19%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other administrative & support services employers. By assets it is the 367th-largest of 2,726 plans among Massachusetts employers on file, and the 135th of 2,534 in administrative & support services. active participation has grown from 1,740 to 2,876 since 2022.

Plan summary
Net assets, end of year$126,704,818
Participants with balances4,064
Active participants2,876
Employer contributions-$821
Employee contributions$17,260,429
Employer contribution per active participant-$0
Average account balance$31,177
Benefits paid to participants$19,986,858
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$126.7M · 4,064 accts
2023$112.3M · 5,001 accts
2022$50.9M · 3,146 accts · $934K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$230,317
Total administrative$230,317
The Motion Recruitment Partners, LLC 401(k) match · 2024
Employer contribution per active participant-$0
Median for plans this size$3,635

Motion Recruitment Partners, LLC's 2024 employer contribution ran below the $3,635 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
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$293,408
COMMONWEALTH FINANCIAL NETWORK · Investment advisory (plan)$53,063

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

Recordkeeper by year2
2024The Standard
2023Securian

This plan has changed recordkeepers within these filings. If you left Motion Recruitment Partners, LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$230,317 · 0.19%
2023$200,308 · 0.25%
2022$172,194 · 0.34%
Same employer
Similar plansAdministrative & Support Services · Massachusetts
Aquent LLC MA$333.1M · 0.12%
Genesis HR Solutions, Inc. MA$172.1M · 0.45%
United Site Services, Inc MA$96.1M · 0.22%
Alku, LLC MA$65.3M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133789932 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.