Plan Ledger DOL Form 5500 · updated monthly

24 7.AI, Inc.401(k)

247.AI, INC. 401(K) PLAN · SAN JOSE, CA · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

24 7.AI, Inc. reported $92,124 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $0 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 0.35% to 0.28%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 2,363rd-largest of 9,483 plans among California employers on file, and the 402nd of 2,534 in administrative & support services. active participation has shrunk from 293 to 97 since 2022.

Plan summary
Net assets, end of year$35,326,945
Participants with balances339
Active participants97
Employer contributions$0
Employee contributions$1,448,273
Employer contribution per active participant$0
Average account balance$104,209
Benefits paid to participants$3,244,588
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$35.3M · 339 accts
2023$31.5M · 384 accts
2022$27.1M · 552 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$47,937
Investment management$44,187
Total administrative$92,124
The 24 7.AI, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

24 7.AI, 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$47,937
THREE BELL CAPITAL · Investment advisory (plan)$41,538

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$92,124 · 0.28%
2023$89,997 · 0.31%
2022$111,909 · 0.35%
Same employer
Similar plansAdministrative & Support Services · California
Ati Restoration, LLC CA$41.1M · 0.28%
Eplica, Inc. CA$35.9M · 0.21%
HUDDL3 Group CA$35.9M · 0.36%
Medpoint Management, Inc. CA$34.9M · 0.41%
Rfi Enterprises, Inc. CA$34.8M · 0.32%
Kimberlite Corporation CA$34.8M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 943359939 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.