Plan Ledger DOL Form 5500 · updated monthly

Motus, LLC401(k)

MOTUS, LLC 401(K) PLAN · BOSTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Motus, LLC reported $165,031 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $2,790 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 0.24% to 0.34%. 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 698th-largest of 2,726 plans among Massachusetts employers on file, and the 2,712th of 11,654 in professional & technical services. In 2024, employees put in $3.43 for every $1.00 the employer contributed; active participation has shrunk from 508 to 427 since 2022.

Plan summary
Net assets, end of year$51,149,389
Participants with balances643
Active participants427
Employer contributions$1,191,226
Employee contributions$4,083,537
Employer contribution per active participant$2,790
Average account balance$79,548
Benefits paid to participants$4,816,068
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$51.1M · 643 accts · $1.2M emplr
2023$44.6M · 680 accts · $1.5M emplr
2022$35.9M · 695 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$70,178
Investment management$78,022
Audit (IQPA)$16,832
Total administrative$165,031
The Motus, LLC 401(k) match · 2024
Employer contribution per active participant$2,790
Median for plans this size$2,416
2024$2,790 per active participant
2023$3,008 per active participant
2022$2,220 per active participant

Motus, LLC'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 · 20244
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$70,178
ALLIANT RETIREMENT SERVICES · Investment advisory (plan)$59,307
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$18,715
BAKER TILLY US, LLP · Accounting / audit$16,832

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$165,031 · 0.34%
2023$102,283 · 0.25%
2022$95,265 · 0.24%
Same employer
Similar plansProfessional & Technical Services · Massachusetts
Radius Health, Inc. MA$52.2M · 0.30%
Engagesmart, Inc. MA$51.8M · 0.24%
Veracode, Inc. MA$51.4M · 0.22%
Simon Kucher & Partners LLC MA$51.3M · 0.08%
Pearl Meyer & Partners, LLC MA$50.0M · 0.00%
Jobs for the Future, Inc. MA$49.9M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 464097191 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.