Plan Ledger DOL Form 5500 · updated monthly

New Life Solution, Inc.401(k)

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

Reported admin expense ratio · 2024
0.20%

New Life Solution, Inc. reported $13,575 in plan administrative expenses for 2024: 0.20% of average plan assets, lower than ~75% of peers. 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 1 year on file its reported administrative ratio rose from 0.10% to 0.20%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Massachusetts (2,096th of 2,726), and 1,683rd of 2,199 in information & media.

Plan summary
Net assets, end of year$7,485,913
Participants with balances121
Active participants81
Employer contributions—
Employee contributions$994,568
Employer contribution per active participant—
Average account balance$61,867
Benefits paid to participants$712,024
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$7.5M · 121 accts
2023$6.2M · 131 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,715
Investment management$8,860
Total administrative$13,575
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
THE VANGUARD GROUP, INC. · Recordkeeping · Loan processing$4,715
THAYER PARTNERS LLC. · Investment advisory (plan)$8,860

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history2
2024$13,575 · 0.20%
2023$5,222 · 0.10%
Same employer
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Onapsis Inc. MA$8.4M · 0.64%
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Quantiphi, Inc. MA$7.5M · 0.13%
Lux Research, Inc. MA$7.4M · 0.33%
Logrocket, Inc. MA$7.3M · 0.10%
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Source: U.S. Department of Labor, Form 5500 series, EIN 300734167 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.