Plan Ledger DOL Form 5500 · updated monthly

Netbrain Technologies, Inc.401(k)

NETBRAIN TECHNOLOGIES 401(K) PLAN · BURLINGTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Netbrain Technologies, Inc. reported $62,332 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $3,654 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 0.26% to 0.28%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 1,149th-largest of 2,726 plans among Massachusetts employers on file, and the 911th of 2,199 in information & media. In 2024, employees put in $3.90 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$24,286,561
Participants with balances203
Active participants157
Employer contributions$573,645
Employee contributions$2,239,558
Employer contribution per active participant$3,654
Average account balance$119,638
Benefits paid to participants$2,302,523
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$24.3M · 203 accts · $574K emplr
2023$20.6M · 207 accts · $624K emplr
2022$15.5M · 202 accts · $388K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,113
Investment management$46,109
Total administrative$62,332
The Netbrain Technologies, Inc. 401(k) match · 2024
Employer contribution per active participant$3,654
Median for plans this size$2,416
2024$3,654 per active participant
2023$4,054 per active participant
2022$2,661 per active participant

Netbrain 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
EMPOWER ADVISORY GROUP, LLC · Investment management$46,109

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$62,332 · 0.28%
2023$56,919 · 0.32%
2022$41,926 · 0.26%
Same employer
Similar plansInformation & Media · Massachusetts
Enterprisedb Corporation MA$26.9M · 0.12%
Paytronix Systems, Inc. MA$26.7M · 0.25%
Kyruus, Inc. MA$25.0M · 0.12%
The Quarto Group, Inc. MA$24.3M · 0.31%
Energy Services Group, LLC. MA$22.9M · 0.20%
Callminer, Inc. MA$22.8M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 050611033 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.