Plan Ledger DOL Form 5500 · updated monthly

Imprivata, Inc.401(k)

SECURELINK, INC. 401(K) PROFIT SHARING PLAN · WALTHAM, MA · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Imprivata, Inc. reported $60,379 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,713 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 fell from 0.47% to 0.06%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 386th-largest of 2,726 plans among Massachusetts employers on file, and the 1,672nd of 13,661 in manufacturing. In 2024, employees put in $3.62 for every $1.00 the employer contributed; active participation has grown from 162 to 799 since 2022.

Plan summary
Net assets, end of year$118,837,575
Participants with balances1,149
Active participants799
Employer contributions$2,966,424
Employee contributions$10,730,702
Employer contribution per active participant$3,713
Average account balance$103,427
Benefits paid to participants$8,940,829
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$118.8M · 1,149 accts · $3.0M emplr
2023$97.3M · 1,174 accts · $3.0M emplr
2022$5.4M · 298 accts · $498K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,298
Investment management$17,647
Total administrative$60,379
The Imprivata, Inc. 401(k) match · 2024
Employer contribution per active participant$3,713
Median for plans this size$3,635
2024$3,713 per active participant
2023$3,755 per active participant
2022$3,076 per active participant

Imprivata, Inc.'s 2024 employer contribution ran above the $3,635 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$30,298
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$17,647
ANGELL PENSION GROUP, INC · Consulting$12,434

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$60,379 · 0.06%
2023$53,351 · 0.07%
2022$25,228 · 0.47%
Same employer
Similar plansManufacturing · Massachusetts
Kens Foods, Inc MA$124.4M · 0.21%
Agri-Mark, Inc. MA$120.5M · 0.06%
The Haartz Corporation MA$120.2M · 0.02%
Hollingsworth & Vose Company MA$120.0M · 0.16%
Motional Ad, Inc. MA$110.1M · 0.06%
Samsonite, LLC MA$104.4M · 0.11%
Polar Corp. MA$102.4M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043560178 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.