Plan Ledger DOL Form 5500 · updated monthly

The Channel Company, LLC401(k)

THE CHANNEL COMPANY 401(K) PLAN · WESTBOROUGH, MA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

The Channel Company, LLC reported $6,790 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,507 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 0.09% to 0.02%. 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 881st-largest of 2,726 plans among Massachusetts employers on file, and the 677th of 2,199 in information & media. In 2024, employees put in $3.82 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$36,483,742
Participants with balances393
Active participants261
Employer contributions$654,293
Employee contributions$2,498,898
Employer contribution per active participant$2,507
Average account balance$92,834
Benefits paid to participants$3,782,741
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$36.5M · 393 accts · $654K emplr
2023$32.1M · 413 accts · $890K emplr
2022$23.3M · 341 accts · $699K emplr
Administrative expenses, itemized · 2024
Investment management$8,420
Total administrative$6,790
The The Channel Company, LLC 401(k) match · 2024
Employer contribution per active participant$2,507
Median for plans this size$2,416
2024$2,507 per active participant
2023$3,213 per active participant
2022$2,900 per active participant

The Channel Company, 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 · 20242
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$8,420
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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$6,790 · 0.02%
2023$8,015 · 0.03%
2022$23,348 · 0.09%
Same employer
Similar plansInformation & Media · Massachusetts
Interactions, LLC MA$37.5M · 0.15%
Salsify, Inc MA$37.5M · 0.24%
Panorama Education, Inc. MA$35.9M · 0.08%
N-Able Technologies, Inc. MA$35.2M · 0.18%
Risi, Inc. MA$34.0M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 463442417 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.