Plan Ledger DOL Form 5500 · updated monthly

Tripleseat Software LLC401(k)

TRIPLESEAT SOFTWARE LLC 401(K) PROFIT SHARING PLAN TRUST · CONCORD, MA · plan year 2025

Reported admin expense ratio · 2025
0.46%

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

Tripleseat Software LLC reported $70,765 in plan administrative expenses for 2025: 0.46% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,128 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 3 years on file its reported administrative ratio fell from 0.50% to 0.46%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Massachusetts (1,449th of 2,726), and 6,133rd of 11,654 in professional & technical services. In 2025, employees put in $2.59 for every $1.00 the employer contributed; active participation has grown from 174 to 272 since 2022.

Plan summary
Net assets, end of year$17,024,789
Participants with balances343
Active participants272
Employer contributions$850,735
Employee contributions$2,203,839
Employer contribution per active participant$3,128
Average account balance$49,635
Benefits paid to participants$2,669,933
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$17.0M · 343 accts · $851K emplr
2024$13.6M · 308 accts · $715K emplr
2023$9.6M · 272 accts · $618K emplr
2022$6.5M · 232 accts · $457K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$70,765
Total administrative$70,765
The Tripleseat Software LLC 401(k) match · 2025
Employer contribution per active participant$3,128
Median for plans this size$2,666
2025$3,128 per active participant
2024$2,929 per active participant
2023$2,836 per active participant
2022$2,629 per active participant

Tripleseat Software LLC's 2025 employer contribution ran above the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
COMPASS 360, LLC · Contract administrator$31,321

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

Administrative cost history4
2025$70,765 · 0.46%
2024$61,095 · 0.52%
2023$40,160 · 0.50%
2022$32,568 · 0.50%
Same employer
Similar plansProfessional & Technical Services · Massachusetts
Ocd Tech, LLC MA$17.4M · 0.08%
Vor Biopharma Inc. MA$17.0M · 0.27%
Aveo Pharmaceuticals, Inc. MA$17.0M · 0.21%
The Computer Merchant, LTD. MA$16.8M · 0.37%
Prime Medicine, Inc. MA$16.6M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 262468417 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.