Plan Ledger DOL Form 5500 · updated monthly

Brainyak401(k)

GUTCHECK 401(K) PLAN · DENVER, CO · plan year 2023

Reported admin expense ratio · 2023
0.50%

Brainyak reported $15,807 in plan administrative expenses for 2023: 0.50% of average plan assets, below 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 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Colorado (1,158th of 1,461), and 10,343rd of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$3,534,044
Participants with balances92
Active participants50
Employer contributions—
Employee contributions$556,299
Employer contribution per active participant—
Average account balance$38,414
Benefits paid to participants$440,350
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$1,959
Investment management$13,848
Total administrative$15,807
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.

Service providers · 20232
ASCENSUS LLC · Loan processing · Recordkeeping$2,064
NFP RETIREMENT · Investment advisory (plan)$11,516

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history1
2023$15,807 · 0.50%
Similar plansProfessional & Technical Services · Colorado
Rtl Networks Inc CO$3.8M · 0.63%
Compri Consulting, Inc. CO$3.7M · 1.07%
Prescient Co. LLC CO$3.7M · 0.34%
Magic Memories USA LLC CO$3.4M · 0.60%

Why are you looking at this plan?

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Source: U.S. Department of Labor, Form 5500 series, EIN 884201643 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.