Plan Ledger DOL Form 5500 · updated monthly

Azul Systems, Inc.401(k)

AZUL SYSTEMS, INC. 401(K) PLAN · SUNNYVALE, CA · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Azul Systems, Inc. reported $34,149 in plan administrative expenses for 2024: 0.18% of average plan assets, below the peer median. Employer contributions averaged $0 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 0.20% to 0.18%. 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 3,499th-largest of 9,483 plans among California employers on file, and the 5,346th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$21,116,975
Participants with balances123
Active participants104
Employer contributions$0
Employee contributions$1,620,276
Employer contribution per active participant$0
Average account balance$171,683
Benefits paid to participants$943,868
Plan auditUnmodified (clean) audit opinion
AuditorFRANK, RIMERMAN & CO. LLP
Plan history3
Yearassets · accounts · employer contribution
2024$21.1M · 123 accts
2023$17.4M · 120 accts
2022$13.4M · 120 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$475
Investment management$31,478
Total administrative$34,149
The Azul Systems, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

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

Service providers · 20242
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$31,478
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$2,671

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$34,149 · 0.18%
2023$31,017 · 0.20%
2022$28,102 · 0.20%
Similar plansProfessional & Technical Services · California
Selman Breitman LLP CA$21.4M · 0.42%
Wrike, Inc. CA$21.3M · 0.05%
Linea Solutions, Inc. CA$21.2M · 0.13%
Uniphore Technologies Inc. CA$21.0M · 0.23%
All Environmental, Inc. CA$21.0M · 0.74%
Pacific Biolabs CA$20.9M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 371423943 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.