Plan Ledger DOL Form 5500 · updated monthly

Righthand Robotics, Inc.401(k)

RIGHTHAND ROBOTICS 401(K) PLAN · CHARLESTOWN, MA · plan year 2023

Reported admin expense ratio · 2023
0.14%

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

Righthand Robotics, Inc. reported $4,477 in plan administrative expenses for 2023: 0.14% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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 1 year on file its reported administrative ratio rose from 0.14% to 0.16%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Massachusetts (2,440th of 2,726), and 1,652nd of 2,534 in administrative & support services.

Plan summary
Net assets, end of year$3,569,005
Participants with balances118
Active participants57
Employer contributions$0
Employee contributions$823,837
Employer contribution per active participant$0
Average account balance$30,246
Benefits paid to participants$595,040
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$2.8M · 95 accts
2023$3.6M · 118 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$2,076
Investment management$2,401
Total administrative$4,477
The Righthand Robotics, Inc. 401(k) match · 2023
Employer contribution per active participant$0
Median for plans this size$1,308

Righthand Robotics, Inc.'s 2023 employer contribution ran below the $1,308 median for plans its size, in the bottom 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2024$5,167 · 0.16%
2023$4,477 · 0.14%
Similar plansAdministrative & Support Services · Massachusetts
The Hollister Group Inc MA$5.1M · 0.08%
Micro Tech Staffing Group MA$5.0M · 0.01%
Citron Hygiene US Corp. MA$3.5M · 0.08%
Northeast Security, Inc. MA$3.3M · 1.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 465031251 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.