Plan Ledger DOL Form 5500 · updated monthly

Checkmarx Inc401(k)

CHECKMARX INC 401 K PROFIT SHARING PLAN TRUST · ATLANTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Checkmarx Inc reported $64,310 in plan administrative expenses for 2024: 0.42% of average plan assets, above the peer median. Employer contributions averaged $1,793 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 0.40% to 0.42%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 972nd-largest of 2,160 plans among Georgia employers on file, and 1,150th of 2,199 in information & media. In 2024, employees put in $7.53 for every $1.00 the employer contributed; active participation has shrunk from 186 to 156 since 2022.

Plan summary
Net assets, end of year$16,310,226
Participants with balances180
Active participants156
Employer contributions$279,748
Employee contributions$2,107,054
Employer contribution per active participant$1,793
Average account balance$90,612
Benefits paid to participants$2,635,745
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.3M · 180 accts · $280K emplr
2023$14.0M · 196 accts · $387K emplr
2022$10.2M · 198 accts · $412K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$52,310
Audit (IQPA)$12,000
Total administrative$64,310
The Checkmarx Inc 401(k) match · 2024
Employer contribution per active participant$1,793
Median for plans this size$2,416
2024$1,793 per active participant
2023$2,290 per active participant
2022$2,215 per active participant

Checkmarx 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 · 20245
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$45,183
HALLOWELL 401(K) ASSURANCE, LLC · Accounting / audit$12,000
PLANNED RETIREMENT CONSULTANTS & AD · Contract administrator · Other services$4,324
CETERA ADVISORS LLC · Investment advisory (plan)indirect comp
CETERA INVESTMENT ADVISORS LLC · Investment advisory (plan)indirect comp

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$64,310 · 0.42%
2023$55,015 · 0.46%
2022$39,900 · 0.40%
Similar plansInformation & Media · Georgia
Kore Wireless Inc. GA$20.1M · 0.36%
Clearwave Fiber, LLC GA$18.5M · 0.03%
Profisee Group, Inc. GA$16.9M · 0.26%
Oncology Analytics, Inc. GA$16.6M · 0.47%
Lingo Management, LLC GA$15.7M · 0.46%
Leasequery, LLC GA$15.2M · 0.11%
Oversight Systems, Inc. GA$15.0M · 0.29%
Telrite Holdings, Inc. GA$14.7M · 0.65%

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Source: U.S. Department of Labor, Form 5500 series, EIN 463714840 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.