Plan Ledger DOL Form 5500 · updated monthly

Babel Street, Inc.401(k)

BABEL STREET, INC. 401(K) PLAN · RESTON, VA · plan year 2024

Reported admin expense ratio · 2024
0.53%

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

Babel Street, Inc. reported $73,178 in plan administrative expenses for 2024: 0.53% of average plan assets, higher than ~75% of peers. Employer contributions averaged $5,061 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 0.95% to 0.53%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Virginia (1,154th of 2,266), and 1,181st of 2,199 in information & media. In 2024, employees put in $2.42 for every $1.00 the employer contributed; active participation has grown from 143 to 203 since 2022.

Plan summary
Net assets, end of year$15,790,321
Participants with balances193
Active participants203
Employer contributions$1,027,429
Employee contributions$2,482,309
Employer contribution per active participant$5,061
Average account balance$81,815
Benefits paid to participants$1,904,472
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.8M · 193 accts · $1.0M emplr
2023$11.7M · 188 accts · $892K emplr
2022$7.0M · 129 accts · $609K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$73,178
Total administrative$73,178
The Babel Street, Inc. 401(k) match · 2024
Employer contribution per active participant$5,061
Median for plans this size$2,416
2024$5,061 per active participant
2023$2,745 per active participant
2022$4,256 per active participant

Babel Street, 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 · 20245
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$73,179
BAIRD INSURANCE SERVICES INC · Other servicesindirect comp
ROBERT W BAIRD & CO INC · Other servicesindirect comp
LOREN D STARK COMPANY INC · Other servicesindirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$73,178 · 0.53%
2023$93,397 · 1.00%
2022$73,536 · 0.95%
Same employer
Similar plansInformation & Media · Virginia
Interos Inc. VA$16.4M · 0.21%
Tucows (Delaware) Inc. VA$16.3M · 0.58%
Elder Research, Inc. VA$14.7M · 0.13%
Seekr Technologies, Inc. VA$14.3M · 0.06%
Aptara Inc. VA$13.2M · 0.48%
Liscr, LLC VA$13.1M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 270907238 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.