Plan Ledger DOL Form 5500 · updated monthly

Bill Ninja401(k)

TRUEBILL 401(K) PLAN · SILVER SPRING, MD · plan year 2023

Reported admin expense ratio · 2023
0.27%

Bill Ninja reported $352 in plan administrative expenses for 2023: 0.27% of average plan assets, lower than ~75% of peers. 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 rose from 0.08% to 0.11%. The plan sits in the under $1M size bracket, benchmarked here against 1,192 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Maryland (1,653rd of 1,671), and 11,553rd of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$171,315
Participants with balances144
Active participants0
Employer contributions$0
Employee contributions$0
Employer contribution per active participant—
Average account balance$1,190
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$21K
2023$171K · 144 accts
2022$89K · 164 accts · $91K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$276
Investment management$76
Total administrative$352
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.

Administrative cost history3
2024$108 · 0.11%
2023$352 · 0.27%
2022$1,325 · 0.08%
Similar plansProfessional & Technical Services · Maryland
Positivepsyche Biz Corp MD$413K · 5.91%
Ft Management LLC DC$186K · 0.57%
The Claro Group, LLC IL$181K · 0.07%
Soni Resources Group NY$174K · 1.83%

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Source: U.S. Department of Labor, Form 5500 series, EIN 810705220 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.