Plan Ledger DOL Form 5500 · updated monthly

Salary.com LLC401(k)

SALARY.COM 401(K) PLAN · WALTHAM, MA · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Salary.com LLC reported $5,545 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,746 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 0.01% to 0.03%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 1,279th-largest of 2,726 plans among Massachusetts employers on file, and the 1,008th of 2,199 in information & media. In 2024, employees put in $2.05 for every $1.00 the employer contributed; active participation has grown from 210 to 240 since 2022.

Plan summary
Net assets, end of year$20,652,490
Participants with balances444
Active participants240
Employer contributions$1,138,953
Employee contributions$2,339,625
Employer contribution per active participant$4,746
Average account balance$46,515
Benefits paid to participants$2,113,732
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$20.7M · 444 accts · $1.1M emplr
2023$16.7M · 386 accts · $940K emplr
2022$12.6M · 365 accts · $662K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,545
Total administrative$5,545
The Salary.com LLC 401(k) match · 2024
Employer contribution per active participant$4,746
Median for plans this size$2,416
2024$4,746 per active participant
2023$3,886 per active participant
2022$3,154 per active participant

Salary.com LLC'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
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$5,545

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$5,545 · 0.03%
2023$11,589 · 0.08%
2022$1,315 · 0.01%
Same employer
Similar plansInformation & Media · Massachusetts
Apriori Technologies, Inc. MA$22.5M · 0.05%
The Verndale Corporation MA$21.3M · 0.25%
Stax, LLC MA$20.6M · 0.37%
Nexthink, Inc. MA$20.5M · 0.33%
Haystackid, LLC MA$20.1M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 811408715 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.