Plan Ledger DOL Form 5500 · updated monthly

Sense Labs, Inc401(k)

SENSE LABS, INC 401K PLAN · CAMBRIDGE, MA · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Sense Labs, Inc reported $24,118 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $9,725 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Massachusetts (1,926th of 2,726), and 8,963rd of 13,661 in manufacturing. In 2024, employees put in $1.64 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,654,387
Participants with balances115
Active participants91
Employer contributions$884,994
Employee contributions$1,453,063
Employer contribution per active participant$9,725
Average account balance$83,951
Benefits paid to participants$1,512,761
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,118
Total administrative$24,118
The Sense Labs, Inc 401(k) match · 2024
Employer contribution per active participant$9,725
Median for plans this size$1,313

Sense Labs, Inc's 2024 employer contribution ran above the $1,313 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 · 20242
PENSIONMARK FINANCIAL GROUP, LLC · Recordkeeping · Trustee$21,378
ADP, INC. · Loan processing · Recordkeeping$2,740

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

Administrative cost history1
2024$24,118 · 0.28%
Same employer
Similar plansManufacturing · Massachusetts
Flagship Press, Inc. MA$9.7M · 0.27%
Seurat Technologies Inc. MA$9.6M · 0.29%
Telco Systems Inc. MA$9.5M · 0.22%
Barbour Corporation MA$9.3M · 0.52%
Century Box, Inc MA$9.2M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 461834598 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.