Plan Ledger DOL Form 5500 · updated monthly

Aeva, Inc.401(k)

AEVA RETIREMENT PLAN · MOUNTAIN VIEW, CA · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Aeva, Inc. reported $55,392 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $5,774 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 0.19% to 0.25%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 3,013th-largest of 9,483 plans among California employers on file, and the 5,002nd of 13,661 in manufacturing. In 2024, employees put in $3.76 for every $1.00 the employer contributed; active participation has shrunk from 288 to 230 since 2022.

Plan summary
Net assets, end of year$25,874,727
Participants with balances310
Active participants230
Employer contributions$1,328,114
Employee contributions$4,992,215
Employer contribution per active participant$5,774
Average account balance$83,467
Benefits paid to participants$2,371,720
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$25.9M · 310 accts · $1.3M emplr
2023$18.2M · 301 accts · $1.4M emplr
2022$9.4M · 277 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$55,392
Total administrative$55,392
The Aeva, Inc. 401(k) match · 2024
Employer contribution per active participant$5,774
Median for plans this size$2,416
2024$5,774 per active participant
2023$5,468 per active participant
2022$3,856 per active participant

Aeva, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$55,392

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$55,392 · 0.25%
2023$34,440 · 0.25%
2022$17,600 · 0.19%
Same employer
Similar plansManufacturing · California
Palecek CA$26.2M · 0.29%
Psiquantum Corp. CA$26.2M · 0.25%
Fox Head, Inc. CA$25.9M · 0.04%
Lantronix CA$25.8M · 0.22%
Firestone Walker, Inc. CA$25.7M · 0.52%
Adient Aerospace, LLC CA$25.6M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 814611800 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.