Plan Ledger DOL Form 5500 · updated monthly

Animoto Inc.401(k)

ANIMOTO, INC. 401(K) PLAN · NEW YORK, NY · plan year 2022

Reported admin expense ratio · 2022
0.59%

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

Animoto Inc. reported $32,065 in plan administrative expenses for 2022: 0.59% of average plan assets, above the peer median. Employer contributions averaged $975 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 rose from 0.59% to 1.18%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New York (4,544th of 5,648), and 8,114th of 11,911 in health care & social assistance. In 2022, employees put in $9.09 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,660,954
Participants with balances106
Active participants44
Employer contributions$42,917
Employee contributions$390,063
Employer contribution per active participant$975
Average account balance$43,971
Benefits paid to participants$967,779
Plan auditUnmodified (clean) audit opinion
AuditorWITHUMSMITH & BROWN, PC
Plan history2
Yearassets · accounts · employer contribution
2023$4.2M · 82 accts
2022$4.7M · 106 accts · $43K emplr
The Animoto Inc. 401(k) match · 2022
Employer contribution per active participant$975
Median for plans this size$1,114

Animoto Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$52,100 · 1.18%
2022$32,065 · 0.59%
Similar plansHealth Care & Social Assistance · New York
Ideal Home Health Inc. NY$4.7M · 3.21%
New York Cares NY$4.6M · 0.02%
Farnham, Inc. NY$4.6M · 1.03%
United Hospice, Inc. NY$4.6M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 030609697 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.