Plan Ledger DOL Form 5500 · updated monthly

Nuvolo Technologies Corporation401(k)

NUVOLO TECHNOLOGIES CORPORATION 401K PLAN · WELLESLEY, MA · plan year 2023

Reported admin expense ratio · 2023
0.52%

Nuvolo Technologies Corporation reported $50,504 in plan administrative expenses for 2023: 0.52% of average plan assets, above the peer median. 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 0.56% to 0.07%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Massachusetts (1,805th of 2,726), and 7,654th of 11,654 in professional & technical services. In 2023, employees put in $2.10 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,117,685
Participants with balances208
Active participants0
Employer contributions$608,063
Employee contributions$1,274,557
Employer contribution per active participant—
Average account balance$53,450
Benefits paid to participants$1,789,634
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$0
2024$4.8M · 148 accts · $19K emplr
2023$11.1M · 208 accts · $608K emplr
2022$8.4M · 212 accts · $899K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$3,747
Investment management$46,757
Total administrative$50,504
What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
5C CAPITAL MANAGEMENT, LLC · Recordkeeping · Pension consulting$93,513
ADP, INC. · Loan processing · Recordkeeping$3,747

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

Recordkeeper by year3
2025ADP
2024ADP
20235C CAPITAL MANAGEMENT, LLC, ADP

This plan has changed recordkeepers within these filings. If you left Nuvolo Technologies Corporation 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 history4
2025Not separately reported
2024$5,610 · 0.07%
2023$50,504 · 0.52%
2022$49,986 · 0.56%
Same employer
Similar plansProfessional & Technical Services · Massachusetts
Bicycle Therapeutics Inc MA$11.4M · 0.19%
Inkhouse MA$11.4M · 0.19%
Robert W. Sullivan, Inc. MA$11.3M · 0.16%
Vicarious Surgical Inc. MA$11.3M · 0.30%
Solid Biosciences Inc MA$11.1M · 0.02%
Clearmotion, Inc. MA$11.0M · 0.25%
Spencer Technologies, Inc. MA$11.0M · 0.65%

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Source: U.S. Department of Labor, Form 5500 series, EIN 464487540 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.