Plan Ledger DOL Form 5500 · updated monthly

Proven Behavior Solutions LLC401(k)

PROVEN BEHAVIOR SOLUTIONS LLC 401(K) PROFIT SHARING PLAN & TRUST · NORWELL, MA · plan year 2024

Reported admin expense ratio · 2024
0.55%

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

Proven Behavior Solutions LLC reported $13,538 in plan administrative expenses for 2024: 0.55% of average plan assets, above the peer median. Employer contributions averaged $1,368 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 fell from 0.90% to 0.55%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Massachusetts (2,499th of 2,726), and 9,329th of 11,911 in health care & social assistance. In 2024, employees put in $1.40 for every $1.00 the employer contributed; active participation has grown from 137 to 226 since 2022.

Plan summary
Net assets, end of year$2,903,616
Participants with balances436
Active participants226
Employer contributions$309,185
Employee contributions$432,497
Employer contribution per active participant$1,368
Average account balance$6,660
Benefits paid to participants$144,123
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.9M · 436 accts · $309K emplr
2023$2.0M · 322 accts · $255K emplr
2022$1.2M · 240 accts · $202K emplr
Administrative expenses, itemized · 2024
Investment management$13,538
Total administrative$13,538
The Proven Behavior Solutions LLC 401(k) match · 2024
Employer contribution per active participant$1,368
Median for plans this size$1,313
2024$1,368 per active participant
2023$1,377 per active participant
2022$1,476 per active participant

Proven Behavior Solutions LLC's 2024 employer contribution ran above the $1,313 median for plans its size. 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
PAYCHEX, INC. · Recordkeeping$13,538
HUMAN INTEREST ADVISOR LLC · Contract administrator · Investment advisory (plan)indirect comp

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

Recordkeeper by year2
2024Human Interest, Paychex
2023Paychex

This plan has changed recordkeepers within these filings. If you left Proven Behavior Solutions LLC 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 history3
2024$13,538 · 0.55%
2023$16,241 · 0.99%
2022$10,083 · 0.90%
Similar plansHealth Care & Social Assistance · Massachusetts
Henry C. Nevins Home Inc. MA$2.9M · 1.18%
Holistic Industries Inc. MA$2.8M · 1.66%
Copley at Stoughton MA$2.7M · 0.67%

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Source: U.S. Department of Labor, Form 5500 series, EIN 810750364 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.