Plan Ledger DOL Form 5500 · updated monthly

Atomwise Inc.401(k)

ATOMWISE 401(K) PLAN · SAN FRANCISCO, CA · plan year 2023

Reported admin expense ratio · 2023
0.02%

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

Atomwise Inc. reported $1,329 in plan administrative expenses for 2023: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $9,986 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 fell from 0.02% to 0.01%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in California (5,666th of 9,483), and 8,214th of 11,654 in professional & technical services. In 2023, employees put in $1.90 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,308,322
Participants with balances135
Active participants70
Employer contributions$699,017
Employee contributions$1,325,090
Employer contribution per active participant$9,986
Average account balance$68,951
Benefits paid to participants$590,538
Plan auditUnmodified (clean) audit opinion
AuditorCARON & BLETZER,PLLC
Plan history2
Yearassets · accounts · employer contribution
2024$8.7M · 111 accts · $458K emplr
2023$9.3M · 135 accts · $699K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$1,329
Total administrative$1,329
The Atomwise Inc. 401(k) match · 2023
Employer contribution per active participant$9,986
Median for plans this size$1,308
2024$15,801 per active participant
2023$9,986 per active participant

Atomwise Inc.'s 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$1,329

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

Administrative cost history2
2024$775 · 0.01%
2023$1,329 · 0.02%
Similar plansProfessional & Technical Services · California
Ellison Institute, LLC CA$9.4M · 0.32%
Hungry Heart Media, Inc. CA$9.3M · 0.13%
Glooko, Inc. CA$9.3M · 0.12%
Chatmeter, Inc. CA$9.3M · 0.17%
Sequoia Consulting Group CA$9.2M · 0.39%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 474869801 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.