Acelero, Inc. 401(k) Review & Grade
Acelero, Inc. 401(k) Plan
New York, NYEducational Services1,537 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,044Employer $ per active participant
$2,086Employee $ saved per active participant
0.64%Direct admin cost, % of plan assets
$31.1MNet plan assets, end of year
$28,670Average balance per account
Score breakdown
- Employer generosity19.2 / 5038th percentile for employer $ per participant
- Low cost3.9 / 2516th percentile for low admin cost vs. same-size plans
- Employee saving5.3 / 1536th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score31 / 100 · Grade D
This plan vs. peers
Peers: Educational Services plans with 500–2,499 active participants (144 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 38th |
| Lower admin cost | 16th |
| Employee saving | 36th |
| Peers that auto-enroll | 37% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Acelero put in about $1,044 per active participant, below the typical peer ($1,225). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Direct plan expenses (0.64% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $1,604,225 |
| Participant (employee) contributions | $3,206,238 |
| Other contributions (incl. rollovers in) | $40,610 |
| Administrative expenses paid from the plan | $179,860 |
| Contract administrator fees | $10,339 |
| Investment advisory & management fees | $63,748 |
| Benefits paid out | $2,064,068 |
| Net assets, start / end of year | $25.2M / $31.1M |
| Active participants, start / end of year | 1,353 / 1,721 |
| Participants with account balances | 1,086 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Grant Thornton LLP |
Largest service providers (Schedule C)
| Fidelity Workplace Services, LLC | $116,112 reported compensation |
| Creative Planning LLC | $46,944 reported compensation |
| Onedigital Investment Advisors LLC | $16,804 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251002124630NAL0000473505001, received 2025-10-02, EIN 30-0077025, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.