Plan Ledger DOL Form 5500 · updated monthly

Alation, Inc.401(k)

ALATION, INC. RETIREMENT TRUST · REDWOOD CITY, CA · plan year 2024

Reported admin expense ratio · 2024
0.56%

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

Alation, Inc. reported $179,844 in plan administrative expenses for 2024: 0.56% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,224 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 0.35% to 0.56%. 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 2,403rd-largest of 9,483 plans among California employers on file, and the 705th of 2,199 in information & media. In 2024, employees put in $6.84 for every $1.00 the employer contributed; active participation has shrunk from 459 to 279 since 2022.

Plan summary
Net assets, end of year$34,652,583
Participants with balances515
Active participants279
Employer contributions$899,361
Employee contributions$6,151,789
Employer contribution per active participant$3,224
Average account balance$67,287
Benefits paid to participants$6,653,365
Plan auditUnmodified (clean) audit opinion
AuditorFRANK RIMMERMAN CO. LLP
Plan history3
Yearassets · accounts · employer contribution
2024$34.7M · 515 accts · $899K emplr
2023$29.5M · 567 accts · $1.1M emplr
2022$19.4M · 573 accts · $974K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$50,265
Investment management$115,929
Audit (IQPA)$13,650
Total administrative$179,844
The Alation, Inc. 401(k) match · 2024
Employer contribution per active participant$3,224
Median for plans this size$2,416
2024$3,224 per active participant
2023$2,630 per active participant
2022$2,122 per active participant

Alation, Inc.'s 2024 employer contribution ran above 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 · 20243
THE VANGUARD GROUP, INC. · Recordkeeping · Loan processing$50,265
FORUSALL ADVISORS · Investment advisory (plan)$115,929
FRANK RIMERMAN & CO LLP. · Accounting / audit$13,650

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$179,844 · 0.56%
2023$116,671 · 0.48%
2022$58,101 · 0.35%
Same employer
Similar plansInformation & Media · California
Thoughtspot, Inc. CA$35.5M · 0.27%
Sada Systems Inc. CA$35.4M · 0.00%
Pocket Gems Inc CA$35.3M · 0.08%
Prosearch Strategies Inc CA$34.8M · 0.01%
Druva Inc. CA$34.5M · 0.15%
Flynt Management Group LLC CA$34.4M · 0.51%
Scale Ai, Inc. CA$34.3M · 0.11%
Gainsight, Inc. CA$34.0M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 461989601 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.