Plan Ledger DOL Form 5500 · updated monthly

Aduro, LLC401(k)

ADURO 401(K) PLAN · REDMOND, WA · plan year 2024

Reported admin expense ratio · 2024
0.98%

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

Aduro, LLC reported $73,501 in plan administrative expenses for 2024: 0.98% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,352 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 1.18% to 0.98%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Washington (1,200th of 1,714), and 8,846th of 11,654 in professional & technical services. In 2024, employees put in $2.40 for every $1.00 the employer contributed; active participation has shrunk from 103 to 48 since 2022.

Plan summary
Net assets, end of year$7,577,099
Participants with balances112
Active participants48
Employer contributions$160,897
Employee contributions$386,211
Employer contribution per active participant$3,352
Average account balance$67,653
Benefits paid to participants$1,428,087
Plan auditUnmodified (clean) audit opinion
AuditorSHANNON & ASSOCIATES, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$7.6M · 112 accts · $161K emplr
2023$7.4M · 143 accts · $271K emplr
2022$6.7M · 164 accts · $387K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$73,501
Total administrative$73,501
The Aduro, LLC 401(k) match · 2024
Employer contribution per active participant$3,352
Median for plans this size$1,313
2024$3,352 per active participant
2023$1,738 per active participant
2022$3,761 per active participant

Aduro, LLC's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20244
PRINCIPAL LIFE INSURANCE CO · Contract administrator$84,766
AMERIPRISE FINANCIAL SERVICES · Other servicesindirect comp
SHANNON & ASSOCIATES, LLP · Accounting / auditindirect comp
INDEPENDENT RETIREMENT · Contract administrator · Other servicesindirect comp

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$73,501 · 0.98%
2023$68,611 · 0.97%
2022$85,850 · 1.18%
Similar plansProfessional & Technical Services · Washington
Hpg, LLC WA$8.3M · 0.58%
Shape Therapeutics Inc. WA$8.0M · 0.09%
Helion Energy, Inc. WA$7.9M · 0.59%
Xenon Arc, Inc. WA$7.7M · 0.11%
Inventprise, Inc. WA$7.5M · 0.41%
Center Id Corp WA$7.2M · 0.02%
Resolvit Resources LLC WA$7.2M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201119906 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.