Plan Ledger DOL Form 5500 · updated monthly

Public Partnerships LLC401(k)

PUBLIC PARTNERSHIPS LLC 401(K) PROFIT SHARING PLAN · BOSTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Public Partnerships LLC reported $33,274 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,359 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 0.14% to 0.09%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 841st-largest of 2,726 plans among Massachusetts employers on file, and the 3,397th of 11,654 in professional & technical services. In 2024, employees put in $3.30 for every $1.00 the employer contributed; active participation has grown from 773 to 1,062 since 2022.

Plan summary
Net assets, end of year$38,701,030
Participants with balances1,182
Active participants1,062
Employer contributions$1,443,265
Employee contributions$4,767,035
Employer contribution per active participant$1,359
Average account balance$32,742
Benefits paid to participants$5,711,743
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$38.7M · 1,182 accts · $1.4M emplr
2023$31.6M · $1.9M emplr
2022$30.0M · 910 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,944
Investment management$15,330
Total administrative$33,274
The Public Partnerships LLC 401(k) match · 2024
Employer contribution per active participant$1,359
Median for plans this size$2,416

Public Partnerships LLC's 2024 employer contribution ran below the $2,416 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$17,944
USI ADVISORS INC · Investment advisory (plan)$14,667

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$33,274 · 0.09%
2023$50,489 · 0.16%
2022$41,283 · 0.14%
Same employer
Similar plansProfessional & Technical Services · Massachusetts
Cerence Operating Company MA$40.2M · 0.01%
Quanterix Corporation MA$39.7M · 0.31%
Smartbear Software, Inc. MA$39.0M · 0.55%
Dps Group Inc. MA$38.6M · 0.39%
Fineos Corporation MA$38.3M · 0.33%
Peloton Group, LLC MA$38.1M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043468852 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.