Plan Ledger DOL Form 5500 · updated monthly

Scs Capital Management401(k)

SCS CAPITAL MANAGEMENT 401(K) PLAN · BOSTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Scs Capital Management reported $300 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $13,323 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 0.001% to 0.001%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 928th-largest of 2,726 plans among Massachusetts employers on file, and the 2,237th of 4,798 in finance & insurance. In 2024, employees put in $1.09 for every $1.00 the employer contributed; active participation has grown from 127 to 140 since 2022.

Plan summary
Net assets, end of year$33,676,000
Participants with balances175
Active participants140
Employer contributions$1,865,270
Employee contributions$2,034,021
Employer contribution per active participant$13,323
Average account balance$192,434
Benefits paid to participants$3,774,818
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$33.7M · 175 accts · $1.9M emplr
2023$27.9M · 176 accts · $1.2M emplr
2022$21.0M · 167 accts · $707K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$300
Total administrative$300
The Scs Capital Management 401(k) match · 2024
Employer contribution per active participant$13,323
Median for plans this size$2,416
2024$13,323 per active participant
2023$9,013 per active participant
2022$5,565 per active participant

Scs Capital Management'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.

Administrative cost history3
2024$300 · 0.00%
2023$675 · 0.00%
2022$125 · 0.00%
Same employer
Similar plansFinance & Insurance · Massachusetts
Flywire Corporation MA$36.9M · 0.05%
Mortgage Network, Inc. MA$35.1M · 0.20%
St. Mary's Credit Union MA$34.3M · 0.14%
The Bank of Canton MA$34.0M · 0.00%
Cornerstone Bank MA$33.4M · 0.21%
Bluestone Bank MA$32.4M · 0.34%
Everquote, Inc. MA$31.6M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 562289718 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.