Plan Ledger DOL Form 5500 · updated monthly

Altium, Inc.401(k)

ALTIUM, INC. 401(K) PLAN · LA JOLLA, CA · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Altium, Inc. reported $102,417 in plan administrative expenses for 2024: 0.45% of average plan assets, above the peer median. Employer contributions averaged $2,306 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 3 years on file its reported administrative ratio has held roughly steady near 0.45%. 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 3,006th-largest of 9,483 plans among California employers on file, and the 864th of 2,199 in information & media. In 2024, employees put in $4.62 for every $1.00 the employer contributed; active participation has grown from 245 to 333 since 2022.

Plan summary
Net assets, end of year$25,963,623
Participants with balances332
Active participants333
Employer contributions$768,031
Employee contributions$3,551,334
Employer contribution per active participant$2,306
Average account balance$78,204
Benefits paid to participants$1,472,274
Plan auditUnmodified (clean) audit opinion
AuditorLEVITZACKS CPAS, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$26.0M · 332 accts · $768K emplr
2023$19.3M · 320 accts · $642K emplr
2022$13.4M · 275 accts · $479K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,579
Investment management$60,838
Total administrative$102,417
The Altium, Inc. 401(k) match · 2024
Employer contribution per active participant$2,306
Median for plans this size$2,416
2024$2,306 per active participant
2023$2,018 per active participant
2022$1,954 per active participant

Altium, Inc.'s 2024 employer contribution ran below 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
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$51,588
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$41,579
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$9,250

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$102,417 · 0.45%
2023$68,865 · 0.42%
2022$68,305 · 0.47%
Similar plansInformation & Media · California
Participant Media, LLC CA$26.5M · 0.34%
Juniper Square, Inc. CA$26.3M · 0.11%
Medable, Inc. CA$25.8M · 0.40%
Firstup, Inc. CA$25.7M · 0.02%
Taulia LLC CA$25.5M · 0.04%
Mocean, LLC CA$25.3M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 770192774 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.