Apderm Management, LLC. 401(k) Review & Grade
Apderm Management, LLC 401(k) Profit Sharing Plan
Acton, MAHealth Care & Social Assistance738 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,994Employer $ per active participant
$4,779Employee $ saved per active participant
0.34%Direct admin cost, % of plan assets
$39.3MNet plan assets, end of year
$79,457Average balance per account
Score breakdown
- Employer generosity35.3 / 5071th percentile for employer $ per participant
- Low cost9.1 / 2537th percentile for low admin cost vs. same-size plans
- Employee saving11.5 / 1576th percentile for employee $ per participant
- Plan features0 / 10No auto-enrollment or default investment reported
Total score56 / 100 · Grade C
This plan vs. peers
Peers: Health Care & Social Assistance plans with 500–2,499 active participants (1,427 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 71th |
| Lower admin cost | 37th |
| Employee saving | 76th |
| Peers that auto-enroll | 36% |
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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
- Apderm Management put in about $1,994 per active participant, more than the typical peer ($976). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- 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.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- 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 | $1,472,595 |
| Participant (employee) contributions | $3,529,624 |
| Other contributions (incl. rollovers in) | $191,049 |
| Administrative expenses paid from the plan | $117,685 |
| Benefits paid out | $1,400,692 |
| Net assets, start / end of year | $30.8M / $39.3M |
| Active participants, start / end of year | 714 / 763 |
| Participants with account balances | 495 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Kahn, Litwin Renza & Co, LTD |
Largest service providers (Schedule C)
| Transamerica Retirement Solutions, | $63,216 reported compensation |
| Thayer Partners LLC | $30,000 reported compensation |
| Edelstein & Company LLP | $15,000 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250805162232NAL0001962241001, received 2025-08-05, EIN 82-2649012, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.