Plan Ledger DOL Form 5500 · updated monthly

Puretech Management, Inc.401(k)

PURETECH MANAGEMENT, INC. 401(K) PROFIT SHARING PLAN AND TRUST · 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

Puretech Management, Inc. reported $3,595 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,539 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 0.020% to 0.024%. 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 among the smaller plans on file in Massachusetts (1,505th of 2,726), and 6,340th of 11,654 in professional & technical services. In 2024, employees put in $2.20 for every $1.00 the employer contributed; active participation has shrunk from 121 to 84 since 2022.

Plan summary
Net assets, end of year$16,036,834
Participants with balances166
Active participants84
Employer contributions$717,256
Employee contributions$1,580,910
Employer contribution per active participant$8,539
Average account balance$96,607
Benefits paid to participants$2,072,259
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.0M · 166 accts · $717K emplr
2023$13.6M · 159 accts · $712K emplr
2022$10.7M · 173 accts · $536K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,595
Total administrative$3,595
The Puretech Management, Inc. 401(k) match · 2024
Employer contribution per active participant$8,539
Median for plans this size$2,416
2024$8,539 per active participant
2023$8,186 per active participant
2022$4,434 per active participant

Puretech Management, Inc.'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
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$67,324

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

Recordkeeper by year2
2024The Standard
2023The Standard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$3,595 · 0.02%
2023$4,946 · 0.04%
2022$2,060 · 0.02%
Similar plansProfessional & Technical Services · Massachusetts
Tango Therapeutics, Inc MA$16.4M · 0.25%
Asics Digital, Inc. MA$16.3M · 0.30%
Semrush, Inc. MA$16.2M · 0.27%
Community Legal Aid, Inc. MA$16.1M · 0.03%
Jobcase, Inc. MA$16.0M · 0.01%
Vecna Robotics, Inc. MA$16.0M · 0.15%
Captivate, LLC MA$15.5M · 0.27%
Woods Hole Group MA$15.4M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200580225 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.