Plan Ledger DOL Form 5500 · updated monthly

Ataraxis, Inc.401(k)

ATARAXIS, INC. RETIREMENT SAVINGS PLAN · BOISE, ID · plan year 2023

Reported admin expense ratio · 2023
1.50%

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

Ataraxis, Inc. reported $439,235 in plan administrative expenses for 2023: 1.50% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,254 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 0.94% to 1.50%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is the 64th-largest of 349 plans among Idaho employers on file, and the 3,761st of 11,654 in professional & technical services. In 2023, employees put in $2.41 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$34,272,121
Participants with balances1,538
Active participants1,671
Employer contributions$2,094,878
Employee contributions$5,057,515
Employer contribution per active participant$1,254
Average account balance$22,284
Benefits paid to participants$3,152,195
Plan auditUnmodified (clean) audit opinion
AuditorJASON F. CLAUSEN P.C.
Plan history2
Yearassets · accounts · employer contribution
2023$34.3M · 1,538 accts · $2.1M emplr
2022$24.2M · 1,341 accts · $1.3M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$203,576
Investment management$138,588
Audit (IQPA)$90,882
Trustee / custodial$6,189
Total administrative$439,235
The Ataraxis, Inc. 401(k) match · 2023
Employer contribution per active participant$1,254
Median for plans this size$2,440
2023$1,254 per active participant
2022$757 per active participant

Ataraxis, Inc.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20235
AMERITAS LIFE INSURANCE CORP · Claims processing · Contract administrator$190,410
ATX PEO SERVICES, INC. · Claims processing · Recordkeeping$13,793
CLEAR CREEK FINANCIAL MANAGEMENT, L · Investment advisory (participants) · Investment advisory (plan)$138,225
UHY LLP · Accounting / audit$90,882
CHARLES SCHWAB BANK · Custodial (securities) · Securities brokerage$6,189

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

Administrative cost history2
2023$439,235 · 1.50%
2022$357,961 · 0.94%
Same employer
Similar plansProfessional & Technical Services · Idaho
J-U-B Engineers, Inc. ID$102.9M · 0.04%
Compunet Inc ID$53.8M · 0.02%
Atx Peo Services, Inc. ID$35.3M · 1.15%
The Internet Truckstop, LLC ID$30.0M · 0.50%
Rimon, P.C. ID$23.3M · 0.01%
Keller Associates, Inc. ID$20.7M · 0.42%
Gravity Payments, Inc. ID$15.7M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 264786697 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.