Plan Ledger DOL Form 5500 · updated monthly

Validity Inc.401(k)

VALIDITY INC. 401(K) PLAN · BOSTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Validity Inc. reported $87,264 in plan administrative expenses for 2024: 0.36% of average plan assets, above the peer median. Employer contributions averaged $2 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 rose from 0.23% to 0.36%. 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 the 1,111th-largest of 2,726 plans among Massachusetts employers on file, and the 4,654th of 11,654 in professional & technical services. In 2024, employees put in $5971.13 for every $1.00 the employer contributed; active participation has shrunk from 289 to 184 since 2022.

Plan summary
Net assets, end of year$25,743,040
Participants with balances434
Active participants184
Employer contributions$358
Employee contributions$2,137,663
Employer contribution per active participant$2
Average account balance$59,316
Benefits paid to participants$2,346,911
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$25.7M · 434 accts · $358 emplr
2023$22.7M · 456 accts
2022$19.6M · 546 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$44,764
Investment management$22,750
Audit (IQPA)$19,750
Total administrative$87,264
The Validity Inc. 401(k) match · 2024
Employer contribution per active participant$2
Median for plans this size$2,416

Validity Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$44,764
PKF OCONNOR DAVIES, LLP · Accounting / audit$39,750

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$87,264 · 0.36%
2023$43,533 · 0.21%
2022$49,384 · 0.23%
Same employer
Similar plansProfessional & Technical Services · Massachusetts
Oneshield, Inc. MA$26.7M · 0.25%
Nitsch Engineering, Inc MA$26.3M · 0.15%
Ora, Inc. MA$26.2M · 0.03%
C4 Therapeutics, Inc. MA$26.0M · 0.00%
Mak Technologies, Inc. MA$25.3M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 824326279 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.