Plan Ledger DOL Form 5500 · updated monthly

Alkahest, Inc.401(k)

ALKAHEST, INC. 401(K) PLAN · SAN CARLOS, CA · plan year 2023

Reported admin expense ratio · 2023
0.06%

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

Alkahest, Inc. reported $6,981 in plan administrative expenses for 2023: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,626 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 fell from 0.12% to 0.06%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in California (5,004th of 9,483), and 7,427th of 11,654 in professional & technical services. In 2023, employees put in $1.39 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,865,278
Participants with balances124
Active participants82
Employer contributions$215,321
Employee contributions$299,097
Employer contribution per active participant$2,626
Average account balance$95,688
Benefits paid to participants$499,445
Plan auditUnmodified (clean) audit opinion
AuditorHANCOCK ASKEW & CO LLP
Plan history2
Yearassets · accounts · employer contribution
2023$11.9M · 124 accts · $215K emplr
2022$11.1M · 120 accts · $796K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$6,486
Investment management$495
Total administrative$6,981
The Alkahest, Inc. 401(k) match · 2023
Employer contribution per active participant$2,626
Median for plans this size$2,440
2023$2,626 per active participant
2022$9,368 per active participant

Alkahest, Inc.'s 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$6,486

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

Administrative cost history2
2023$6,981 · 0.06%
2022$12,915 · 0.12%
Similar plansProfessional & Technical Services · California
Singleton Schreiber, LLP CA$11.9M · 0.52%
Capella Space Corp CA$11.9M · 0.07%
Dermtech, Inc. CA$11.8M · 0.09%
Extend, Inc. CA$11.8M · 0.32%
Endsight CA$11.8M · 0.29%
Pilot.com, Inc. CA$11.7M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 464535383 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.