Plan Ledger DOL Form 5500 · updated monthly

Reify Health, Inc.401(k)

REIFY HEALTH, INC. RETIREMENT SAVINGS PLAN · BOSTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.74%

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

Reify Health, Inc. reported $200,478 in plan administrative expenses for 2024: 0.74% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,748 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 0.34% to 0.74%. 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 984th-largest of 2,726 plans among Massachusetts employers on file, and the 4,069th of 11,654 in professional & technical services. In 2024, employees put in $2.17 for every $1.00 the employer contributed; active participation has shrunk from 1,824 to 863 since 2022.

Plan summary
Net assets, end of year$30,926,521
Participants with balances796
Active participants863
Employer contributions$2,371,373
Employee contributions$5,136,181
Employer contribution per active participant$2,748
Average account balance$38,852
Benefits paid to participants$4,048,953
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$30.9M · 796 accts · $2.4M emplr
2023$23.1M · 820 accts · $2.8M emplr
2022$14.3M · 1,038 accts · $2.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$120,831
Investment management$79,647
Total administrative$200,478
The Reify Health, Inc. 401(k) match · 2024
Employer contribution per active participant$2,748
Median for plans this size$2,416
2024$2,748 per active participant
2023$3,975 per active participant
2022$1,285 per active participant

Reify Health, Inc.'s 2024 employer contribution ran above 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$120,833
IRONVIEW CAPITAL MANAGEMENT LLC · Investment advisory (plan)$74,006
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$5,641

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$200,478 · 0.74%
2023$140,047 · 0.75%
2022$31,494 · 0.34%
Same employer
Similar plansProfessional & Technical Services · Massachusetts
Transmedics, Inc. MA$31.9M · 0.32%
Aware, Inc. MA$31.8M · 0.03%
McNamara/Salvia, Inc. MA$31.6M · 0.19%
Predictive Index, LLC MA$30.9M · 0.01%
Applause App Quality, Inc. MA$30.7M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 455004365 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.