Plan Ledger DOL Form 5500 · updated monthly

New England Sports Network, LTD401(k)

NEW ENGLAND SPORTS NETWORK 401(K) EMPLOYEES RETIREMENT PLAN · WATERTOWN, MA · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

New England Sports Network, LTD reported $46,212 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $12,098 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 0.01% to 0.10%. 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 676th-largest of 2,726 plans among Massachusetts employers on file, and the 497th of 2,199 in information & media. In 2024, the employer put in $1.40 for every $1.00 employees contributed themselves; active participation has grown from 204 to 249 since 2022.

Plan summary
Net assets, end of year$53,135,148
Participants with balances348
Active participants249
Employer contributions$3,012,448
Employee contributions$2,144,552
Employer contribution per active participant$12,098
Average account balance$152,687
Benefits paid to participants$4,014,677
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$53.1M · 348 accts · $3.0M emplr
2023$43.9M · 315 accts · $2.3M emplr
2022$34.5M · 295 accts · $2.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,212
Total administrative$46,212
The New England Sports Network, LTD 401(k) match · 2024
Employer contribution per active participant$12,098
Median for plans this size$2,416
2024$12,098 per active participant
2023$9,857 per active participant
2022$9,743 per active participant

New England Sports Network, LTD's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20241
NEWPORT GROUP, INC. · Loan processing · Recordkeeping$46,212

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$46,212 · 0.10%
2023$47,201 · 0.12%
2022$3,739 · 0.01%
Same employer
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Posit Software, Pbc MA$53.2M · 0.03%
Definitive Healthcare, LLC MA$51.5M · 0.03%
Recorded Future, Inc. MA$46.9M · 0.41%
Ibasis, Inc. MA$46.6M · 0.03%
Seres Therapeutics, Inc. MA$43.6M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042785301 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.