Plan Ledger DOL Form 5500 · updated monthly

Psg Equity L.L.C.401(k)

PSG EQUITY L.L.C. 401(K) PLAN · BOSTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Psg Equity L.L.C. reported $8,502 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $24,388 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 rose from 0.00% to 0.02%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 785th-largest of 2,726 plans among Massachusetts employers on file, and the 1,885th of 4,798 in finance & insurance. In 2024, the employer put in $1.53 for every $1.00 employees contributed themselves; active participation has grown from 137 to 187 since 2022.

Plan summary
Net assets, end of year$42,579,976
Participants with balances230
Active participants187
Employer contributions$4,560,583
Employee contributions$2,979,720
Employer contribution per active participant$24,388
Average account balance$185,130
Benefits paid to participants$1,821,594
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$42.6M · 230 accts · $4.6M emplr
2023$28.0M · 200 accts · $4.0M emplr
2022$17.5M · 138 accts · $2.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,502
Total administrative$8,502
The Psg Equity L.L.C. 401(k) match · 2024
Employer contribution per active participant$24,388
Median for plans this size$2,416
2024$24,388 per active participant
2023$21,852 per active participant
2022$20,073 per active participant

Psg Equity L.L.C.'s 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
ASCENSUS · Recordkeeping · Loan processing$9,372

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

Administrative cost history3
2024$8,502 · 0.02%
2023$840 · 0.00%
2022$810 · 0.00%
Same employer
Similar plansFinance & Insurance · Massachusetts
Country Bank for Savings MA$43.3M · 0.00%
Unibank for Savings MA$40.5M · 0.06%
Florence Bank MA$39.3M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 352498059 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.