Plan Ledger DOL Form 5500 · updated monthly

Auditboard, Inc.401(k)

AUDITBOARD, INC. 401(K) PLAN · CERRITOS, CA · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

Auditboard, Inc. reported $159,267 in plan administrative expenses for 2024: 0.48% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,697 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 fell from 0.80% to 0.48%. 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 2,067th-largest of 9,483 plans among California employers on file, and the 3,217th of 11,654 in professional & technical services. In 2024, employees put in $7.96 for every $1.00 the employer contributed; active participation has grown from 545 to 704 since 2022.

Plan summary
Net assets, end of year$41,350,777
Participants with balances704
Active participants704
Employer contributions$1,194,505
Employee contributions$9,505,930
Employer contribution per active participant$1,697
Average account balance$58,737
Benefits paid to participants$2,747,070
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$41.4M · 704 accts · $1.2M emplr
2023$24.9M · 604 accts · $1.1M emplr
2022$12.2M · 457 accts · $785K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$68,937
Investment management$90,330
Total administrative$159,267
The Auditboard, Inc. 401(k) match · 2024
Employer contribution per active participant$1,697
Median for plans this size$2,416
2024$1,697 per active participant
2023$1,654 per active participant
2022$1,440 per active participant

Auditboard, Inc.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
THE BALDWIN GROUP WEALTH ADVISORS · Investment advisory (plan)$74,254
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$68,937
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$16,077

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$159,267 · 0.48%
2023$125,257 · 0.68%
2022$77,767 · 0.80%
Same employer
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Applied Intuition, Inc. CA$42.0M · 0.09%
Miller Kaplan Arase LLP CA$42.0M · 0.02%
Avantus LLC CA$41.7M · 0.02%
Puma Biotechnology, Inc. CA$41.3M · 0.28%
Pkl Services, Inc. CA$41.3M · 0.17%
Hygiena LLC Retirement Plan CA$41.2M · 0.31%
Emerson Collective, LLC CA$41.1M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 471299245 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.