Plan Ledger DOL Form 5500 · updated monthly

Answerlab, LLC401(k)

ANSWERLAB 401(K) PROFIT SHARING PLAN · LARKSPUR, CA · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Answerlab, LLC reported $57,741 in plan administrative expenses for 2024: 0.33% of average plan assets, above the peer median. Employer contributions averaged $4,182 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 0.14% to 0.33%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 3,744th-largest of 9,483 plans among California employers on file, and the 5,709th of 11,654 in professional & technical services. In 2024, employees put in $2.57 for every $1.00 the employer contributed; active participation has shrunk from 286 to 170 since 2022.

Plan summary
Net assets, end of year$19,190,676
Participants with balances286
Active participants170
Employer contributions$711,020
Employee contributions$1,827,424
Employer contribution per active participant$4,182
Average account balance$67,100
Benefits paid to participants$1,739,802
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$19.2M · 286 accts · $711K emplr
2023$15.7M · 280 accts · $879K emplr
2022$10.8M · 301 accts · $679K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,827
Investment management$28,914
Total administrative$57,741
The Answerlab, LLC 401(k) match · 2024
Employer contribution per active participant$4,182
Median for plans this size$2,416
2024$4,182 per active participant
2023$3,726 per active participant
2022$2,374 per active participant

Answerlab, LLC's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20243
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$25,176
RESOURCES INVESTMENT ADVISORS, LLC · Investment management$3,738

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$57,741 · 0.33%
2023$42,866 · 0.32%
2022$14,458 · 0.14%
Same employer
Similar plansProfessional & Technical Services · California
Hackerone Inc. CA$19.3M · 0.07%
Arsenal Biosciences Inc. CA$19.2M · 0.08%
Innoflight, LLC CA$19.2M · 0.09%
McCarthy & Holthus, LLP CA$19.2M · 0.08%
Allana Buick & Bers, Inc. CA$19.0M · 0.27%
Krazan & Associates, Inc. CA$19.0M · 0.45%
Wra, Inc. CA$19.0M · 0.08%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 020740712 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.