Plan Ledger DOL Form 5500 · updated monthly

Adara, Inc.401(k)

ADARA, INC. 401(K) & PROFIT SHARING PLAN · PALO ALTO, CA · plan year 2022

Reported admin expense ratio · 2022
0.03%

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

Adara, Inc. reported $2,982 in plan administrative expenses for 2022: 0.03% of average plan assets, lower than ~75% of peers. 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 1 year on file its reported administrative ratio rose from 0.03% to 0.55%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in California (5,995th of 9,483), and 8,671st of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$8,044,279
Participants with balances239
Active participants48
Employer contributions$0
Employee contributions$655,031
Employer contribution per active participant$0
Average account balance$33,658
Benefits paid to participants$1,037,076
Plan auditUnmodified (clean) audit opinion
AuditorAUDIT AND TAX SOLUTIONS CPA
Plan history2
Yearassets · accounts · employer contribution
2023$2.3M · 66 accts
2022$8.0M · 239 accts
Administrative expenses, itemized · 2022
Investment management$2,094
Total administrative$2,982
The Adara, Inc. 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$1,114

Adara, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$28,567 · 0.55%
2022$2,982 · 0.03%
Similar plansProfessional & Technical Services · California
4C Holdings, Inc. CA$8.1M · 0.18%
Snorkel Ai, Inc. CA$8.1M · 0.36%
Inflammatix, Inc. CA$8.1M · 0.15%
Discopylabs CA$8.0M · 0.10%
Mercury Plastics, Inc. CA$8.0M · 0.72%
Medialab.Ai, Inc CA$8.0M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203602833 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.