Plan Ledger DOL Form 5500 · updated monthly

A Better Way, Inc.401(k)

403(B) THRIFT PLAN FOR EMPLOYEES OF A BETTER WAY, INC. · BERKELEY, CA · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

A Better Way, Inc. reported $2,310 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $690 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 0.04% to 0.07%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in California (7,560th of 9,483), and 2,530th of 3,341 in other services. In 2024, employees put in $4.88 for every $1.00 the employer contributed; active participation has grown from 98 to 116 since 2022.

Plan summary
Net assets, end of year$3,607,131
Participants with balances148
Active participants116
Employer contributions$80,000
Employee contributions$390,337
Employer contribution per active participant$690
Average account balance$24,373
Benefits paid to participants$462,931
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.6M · 148 accts · $80K emplr
2023$2.9M · 197 accts · $66K emplr
2022$3.0M · 184 accts · $60K emplr
The A Better Way, Inc. 401(k) match · 2024
Employer contribution per active participant$690
Median for plans this size$1,313
2024$690 per active participant
2023$529 per active participant
2022$613 per active participant

A Better Way, Inc.'s 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$2,828

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$2,310 · 0.07%
2023$907 · 0.03%
2022$1,162 · 0.04%
Same employer
Similar plansOther Services · California
Sourcewise CA$3.6M · 0.51%
Dfa of California CA$3.6M · 0.06%
Martin Auto Color Inc CA$3.6M · 0.91%
U.S. Pole Company, Inc. CA$3.6M · 0.45%
The Now Parent LLC CA$3.5M · 1.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 931190792 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.