Plan Ledger DOL Form 5500 · updated monthly

Certilytics, Inc.401(k)

CERTILYTICS, INC. 401(K) PLAN · LOUISVILLE, KY · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Certilytics, Inc. reported $39,316 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $2,347 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 0.30% to 0.29%. 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 382nd-largest of 871 plans among Kentucky employers on file, and 6,795th of 11,654 in professional & technical services. In 2024, employees put in $5.51 for every $1.00 the employer contributed; active participation has shrunk from 101 to 85 since 2022.

Plan summary
Net assets, end of year$14,124,639
Participants with balances117
Active participants85
Employer contributions$199,509
Employee contributions$1,099,303
Employer contribution per active participant$2,347
Average account balance$120,723
Benefits paid to participants$2,175,728
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.1M · 117 accts · $200K emplr
2023$13.2M · 135 accts · $264K emplr
2022$10.4M · 127 accts · $214K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,559
Investment management$13,757
Total administrative$39,316
The Certilytics, Inc. 401(k) match · 2024
Employer contribution per active participant$2,347
Median for plans this size$2,416
2024$2,347 per active participant
2023$2,463 per active participant
2022$2,119 per active participant

Certilytics, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size. 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 · 20242
NEWPORT GROUP, INC. · Recordkeeping · Loan processing$25,559
PNC INSTITUTIONAL ASSET MANAGEMENT · Investment advisory (plan)$13,757

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$39,316 · 0.29%
2023$33,850 · 0.29%
2022$33,092 · 0.30%
Similar plansProfessional & Technical Services · Kentucky
Universal Woods, LLC KY$19.8M · 0.46%
Universal Woods, LLC KY$18.6M · 0.44%
Health Tech Solutions LLC KY$18.5M · 0.33%
Boehl Stopher & Graves, LLP KY$17.4M · 0.23%
Doe-Anderson, Inc. KY$13.8M · 0.02%
Alliant Technologies LLC KY$13.6M · 0.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 464458973 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.