Plan Ledger DOL Form 5500 · updated monthly

Astera Labs, Inc.401(k)

ASTERA LABS, INC. 401(K) PLAN · SANTA CLARA, CA · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Astera Labs, Inc. reported $1,490 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,559 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 0.007% to 0.010%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 3,682nd-largest of 9,483 plans among California employers on file, and the 5,990th of 13,661 in manufacturing. In 2024, employees put in $2.53 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,689,149
Participants with balances308
Active participants330
Employer contributions$1,834,517
Employee contributions$4,641,883
Employer contribution per active participant$5,559
Average account balance$63,926
Benefits paid to participants$408,080
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$19.7M · 308 accts · $1.8M emplr
2023$9.6M · 177 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,490
Total administrative$1,490
The Astera Labs, Inc. 401(k) match · 2024
Employer contribution per active participant$5,559
Median for plans this size$2,416
2024$5,559 per active participant
2023$5,692 per active participant

Astera Labs, Inc.'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 · 20241
ADP, INC. · Loan processing · Recordkeeping$1,490

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

Recordkeeper by year2
2024ADP
2023ADP

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Administrative cost history2
2024$1,490 · 0.01%
2023$675 · 0.01%
Similar plansManufacturing · California
Wet Enterprises, Inc. CA$19.7M · 0.28%
Inhibrx Biosciences, Inc. CA$19.7M · 0.13%
Coast Aluminum, Inc. CA$19.4M · 0.66%
See's Candy Shops, Inc. CA$19.2M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 823437062 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.