Plan Ledger DOL Form 5500 · updated monthly

Abzena San Diego Inc.401(k)

ABZENA 401(K) PLAN · SAN DIEGO, CA · plan year 2024

Reported admin expense ratio · 2024
0.53%

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

Abzena San Diego Inc. reported $119,178 in plan administrative expenses for 2024: 0.53% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,079 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 0.43% to 0.53%. 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 3,082nd-largest of 9,483 plans among California employers on file, and the 4,725th of 11,654 in professional & technical services. In 2024, employees put in $4.66 for every $1.00 the employer contributed; active participation has shrunk from 501 to 289 since 2022.

Plan summary
Net assets, end of year$25,181,314
Participants with balances462
Active participants289
Employer contributions$600,775
Employee contributions$2,800,826
Employer contribution per active participant$2,079
Average account balance$54,505
Benefits paid to participants$2,980,114
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$25.2M · 462 accts · $601K emplr
2023$19.4M · 465 accts · $888K emplr
2022$16.8M · 620 accts · $2.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,324
Investment management$68,854
Audit (IQPA)$4,000
Total administrative$119,178
The Abzena San Diego Inc. 401(k) match · 2024
Employer contribution per active participant$2,079
Median for plans this size$2,416
2024$2,079 per active participant
2023$2,989 per active participant
2022$5,332 per active participant

Abzena San Diego Inc.'s 2024 employer contribution ran below the $2,416 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 · 20242
AURORA PRIVATE WEALTH INC · Investment advisory (plan)$63,923
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$46,324

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$119,178 · 0.53%
2023$99,042 · 0.55%
2022$64,718 · 0.43%
Similar plansProfessional & Technical Services · California
Succession Capital, Inc. CA$25.4M · 0.77%
Aviatrix Systems, Inc. CA$25.1M · 0.21%
Refurb Holdings LLC CA$25.1M · 0.26%
Zeno Management, Inc. CA$25.0M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 731731905 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.