Plan Ledger DOL Form 5500 · updated monthly

Orthogonal Networks, Inc. (D/B/A Jellyfish)401(k)

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

Reported admin expense ratio · 2024
0.31%

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

Orthogonal Networks, Inc. (D/B/A Jellyfish) reported $26,585 in plan administrative expenses for 2024: 0.31% of average plan assets, below the peer median. Employer contributions averaged $0 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 1 year on file its reported administrative ratio rose from 0.15% to 0.31%. 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 (1,802nd of 2,726), and 1,435th of 2,199 in information & media.

Plan summary
Net assets, end of year$11,188,680
Participants with balances248
Active participants224
Employer contributions$0
Employee contributions$2,439,477
Employer contribution per active participant$0
Average account balance$45,116
Benefits paid to participants$457,746
Plan auditUnmodified (clean) audit opinion
AuditorAAFCPAS
Plan history2
Yearassets · accounts · employer contribution
2024$11.2M · 248 accts
2023$6.0M · 153 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$563
Investment management$26,022
Total administrative$26,585
The Orthogonal Networks, Inc. (D/B/A Jellyfish) 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Orthogonal Networks, Inc. (D/B/A Jellyfish)'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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 · 20242
TWELVE POINTS WEALTH MANAGEMENT LLC · Investment advisory (plan)$26,022
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$563

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

Administrative cost history2
2024$26,585 · 0.31%
2023$7,349 · 0.15%
Same employer
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Appfire Technologies, LLC MA$11.6M · 0.07%
Six Red Marbles, Inc. MA$11.5M · 0.60%
Robin Powered, Inc. MA$11.4M · 0.40%
Digilant, Inc. MA$11.2M · 0.01%
The Switch Enterprises, LLC MA$10.8M · 0.05%
Invaluable LLC MA$10.3M · 0.01%
Devo Technology, Inc. MA$10.1M · 0.09%
Celtra Technologies, Inc. MA$9.7M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 811686481 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.