Plan Ledger DOL Form 5500 · updated monthly

Patientslikeme LLC401(k)

PATIENTSLIKEME LLC 401(K) PLAN · BOSTON, MA · plan year 2018

Reported admin expense ratio · 2018
0.00%

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

Patientslikeme LLC reported $50 in plan administrative expenses for 2018: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,668 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 5 years on file its reported administrative ratio rose from 0.00% to 0.26%. The plan sits in the $1M–$10M size bracket, benchmarked here against 122 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Massachusetts (2,226th of 2,726), and 1,798th of 2,199 in information & media. In 2018, employees put in $5.96 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,116,308
Participants with balances176
Active participants155
Employer contributions$258,552
Employee contributions$1,540,344
Employer contribution per active participant$1,668
Average account balance$34,752
Benefits paid to participants$1,153,443
Plan auditDisclaimer of opinion
AuditorPECK ASSOCIATES, P.C.
Plan history3
Yearassets · accounts · employer contribution
2023$5.3M · 113 accts · $58K emplr
2022$4.6M · 118 accts · $65K emplr
2018$6.1M · 176 accts · $259K emplr
The Patientslikeme LLC 401(k) match · 2018
Employer contribution per active participant$1,668
Median for plans this size$880
2023$1,871 per active participant
2022$2,110 per active participant
2018$1,668 per active participant

Patientslikeme LLC's 2018 employer contribution ran above the $880 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 2018 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2023$12,976 · 0.26%
2022$13,979 · 0.27%
2018$50 · 0.00%
Similar plansInformation & Media · Massachusetts
Open Exchange, Inc. MA$7.1M · 0.03%
Skyword, Inc. MA$6.8M · 0.74%
Crayon Inc. MA$6.7M · 0.08%
True Fit Corporation MA$6.2M · 0.15%
Yottaa, Inc. MA$5.9M · 0.12%
Leanix, Inc. MA$5.8M · 1.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 202310011 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.