Plan Ledger DOL Form 5500 · updated monthly

Aeris Communications, Inc.401(k)

AERIS COMMUNICATIONS, INC. 401(K) PLAN · SAN JOSE, CA · plan year 2024

Reported admin expense ratio · 2024
0.40%

Aeris Communications, Inc. reported $62,056 in plan administrative expenses for 2024: 0.40% of average plan assets, above the peer median. 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 0.43% to 0.40%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 4,176th-largest of 9,483 plans among California employers on file, and 1,155th of 2,199 in information & media. active participation has grown from 93 to 115 since 2022.

Plan summary
Net assets, end of year$16,247,457
Participants with balances125
Active participants115
Employer contributions—
Employee contributions$1,565,239
Employer contribution per active participant—
Average account balance$129,980
Benefits paid to participants$2,454,566
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.2M · 125 accts
2023$15.0M · 120 accts
2022$12.0M · 111 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,030
Investment management$17,513
Total administrative$62,056
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 · 20243
MERRILL LYNCH PIERCE FENNER & SMITH · Pension consulting · Investment advisory (plan)$35,015
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$25,995
PLAN DESIGN CONSULTANTS INC · Contract administrator · Other services$1,035

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$62,056 · 0.40%
2023$50,777 · 0.38%
2022$57,021 · 0.43%
Same employer
Similar plansInformation & Media · California
Public Library of Science CA$16.8M · 0.55%
Sebastian Enterprises, Inc. CA$16.8M · 0.36%
Apixio Holdings, LLC CA$16.7M · 0.68%
Inmobi Inc. CA$16.3M · 0.41%
Dronedeploy, Inc. CA$16.1M · 0.16%
E.Republic LLC CA$15.9M · 0.01%
Gravitational, Inc. CA$15.9M · 0.13%
Liveone, Inc. CA$15.8M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 770328878 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.