Plan Ledger DOL Form 5500 · updated monthly

Strategic Solutions Group LLC401(k)

STRATEGIC SOLUTIONS GROUP LLC 401(K) PROFIT SHARING PLAN AND TRUST · NEEDHAM, MA · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Strategic Solutions Group LLC reported $21,120 in plan administrative expenses for 2024: 0.19% of average plan assets, below the peer median. Employer contributions averaged $4,021 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 0.09% to 0.19%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Massachusetts (1,654th of 2,726), and 7,097th of 11,654 in professional & technical services. In 2024, employees put in $2.96 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,997,337
Participants with balances187
Active participants137
Employer contributions$550,862
Employee contributions$1,632,507
Employer contribution per active participant$4,021
Average account balance$69,504
Benefits paid to participants$719,245
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$13.0M · 187 accts · $551K emplr
2023$9.5M · 170 accts · $347K emplr
Administrative expenses, itemized · 2024
Investment management$21,120
Total administrative$21,120
The Strategic Solutions Group LLC 401(k) match · 2024
Employer contribution per active participant$4,021
Median for plans this size$2,416
2024$4,021 per active participant
2023$2,407 per active participant

Strategic Solutions Group LLC's 2024 employer contribution ran above the $2,416 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 · 20241
HUMAN INTEREST ADVISOR LLC · Contract administrator · Investment advisory (plan)$21,120

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

Recordkeeper by year2
2024Human Interest
2023Paychex

This plan has changed recordkeepers within these filings. If you left Strategic Solutions Group LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history2
2024$21,120 · 0.19%
2023$7,299 · 0.09%
Similar plansProfessional & Technical Services · Massachusetts
P3I, Incorporated MA$13.2M · 0.40%
Clough USA, Inc. MA$13.1M · 0.45%
Valo Health Inc. MA$13.0M · 0.63%
Jounce Therapeutics, Inc. MA$13.0M · 0.01%
Zai Lab US, LLC MA$13.0M · 0.29%
Trinetx, LLC MA$12.9M · 0.09%
Keros Therapeutics MA$12.9M · 0.01%
Neumora Therapeutics, Inc. MA$12.9M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 800298804 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.