Plan Ledger DOL Form 5500 · updated monthly

Brainyak401(k)

GUTCHECK 401(K) PLAN · DENVER, CO · plan year 2022

Reported admin expense ratio · 2022
0.50%

Brainyak reported $14,652 in plan administrative expenses for 2022: 0.50% of average plan assets, above the peer median. 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Colorado (1,204th of 1,461), and 10,601st of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$2,828,117
Participants with balances104
Active participants78
Employer contributions—
Employee contributions$614,184
Employer contribution per active participant—
Average account balance$27,193
Benefits paid to participants$252,234
Plan auditUnmodified (clean) audit opinion
AuditorKURTZFARGO LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$2,161
Investment management$12,491
Total administrative$14,652
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$14,652 · 0.50%
Similar plansProfessional & Technical Services · Colorado
Magic Memories USA LLC CO$3.4M · 0.60%
Balfour Payroll, LLC CO$2.6M · 0.94%
The Community Firm CO$2.4M · 0.17%
Safegraph CO$2.4M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 272058354 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.