Plan Ledger DOL Form 5500 · updated monthly

Anchor Labs, Inc.401(k)

ANCHORAGE DIGITAL 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Anchor Labs, Inc. reported $17,830 in plan administrative expenses for 2024: 0.15% of average plan assets, below the peer median. Employer contributions averaged $0 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in New York (3,281st of 5,648), and 3,752nd of 4,798 in finance & insurance.

Plan summary
Net assets, end of year$12,290,410
Participants with balances211
Active participants283
Employer contributions$0
Employee contributions$2,564,530
Employer contribution per active participant$0
Average account balance$58,248
Benefits paid to participants$2,727,633
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,794
Investment management$36
Total administrative$17,830
The Anchor Labs, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

Anchor Labs, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20242
EMPOWER ADVISORY GROUP, LLC · Investment management$36

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

Administrative cost history1
2024$17,830 · 0.15%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 823257853 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.