Plan Ledger DOL Form 5500 · updated monthly

Castle Biosciences Inc401(k)

CASTLE BIOSCIENCES, INC. 401(K) PROFIT SHARING PLAN AND TRUST · FRIENDSWOOD, TX · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Castle Biosciences Inc reported $113,213 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $6,629 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 rose from 0.23% to 0.25%. 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 1,018th-largest of 5,688 plans among Texas employers on file, and the 2,641st of 11,654 in professional & technical services. In 2024, employees put in $1.40 for every $1.00 the employer contributed; active participation has grown from 535 to 757 since 2022.

Plan summary
Net assets, end of year$52,947,320
Participants with balances785
Active participants757
Employer contributions$5,018,030
Employee contributions$7,020,761
Employer contribution per active participant$6,629
Average account balance$67,449
Benefits paid to participants$3,149,305
Plan auditUnmodified (clean) audit opinion
AuditorHAM LANGSTON, BREZINA, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$52.9M · 785 accts · $5.0M emplr
2023$36.7M · 635 accts · $4.4M emplr
2022$21.4M · 559 accts · $3.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$113,213
Total administrative$113,213
The Castle Biosciences Inc 401(k) match · 2024
Employer contribution per active participant$6,629
Median for plans this size$2,416
2024$6,629 per active participant
2023$7,323 per active participant
2022$6,265 per active participant

Castle Biosciences 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
ADP, INC. · Loan processing · Recordkeeping$24,640
NORTH AMERICAN KTRADE ALLIANCE, LLC$69,860
PENSION PLANNING CONSULTANTS, INC.H$8,900
CHARLES SCHWAB TRUST BANK · Custodial · Custodial (securities)indirect comp
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP
2023Charles Schwab, K TRADE ALLIANCE, LLC

This plan has changed recordkeepers within these filings. If you left Castle Biosciences Inc before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$113,213 · 0.25%
2023$68,539 · 0.24%
2022$44,573 · 0.23%
Same employer
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Gray Reed & McGraw LLP TX$54.1M · 0.06%
Patterson & Sheridan, LLP TX$53.7M · 0.04%
Absolute Software, Inc. TX$53.7M · 0.07%
July Business Services TX$52.9M · 1.02%
Onesource Virtual, Inc. TX$52.0M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 770701774 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.