Plan Ledger DOL Form 5500 · updated monthly

Checkr Inc.401(k)

CHECKR INC. 401(K) PLAN · SAN FRANCISCO, CA · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Checkr Inc. reported $27,033 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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 0.05% to 0.04%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,340th-largest of 9,483 plans among California employers on file, and the 2,086th of 11,654 in professional & technical services. active participation has shrunk from 1,132 to 652 since 2022.

Plan summary
Net assets, end of year$69,014,595
Participants with balances1,157
Active participants652
Employer contributions$0
Employee contributions$10,731,383
Employer contribution per active participant$0
Average account balance$59,650
Benefits paid to participants$15,179,904
Plan auditUnmodified (clean) audit opinion
AuditorBPM LLP
Plan history3
Yearassets · accounts · employer contribution
2024$69.0M · 1,157 accts
2023$61.2M · 1,289 accts
2022$40.0M · 1,295 accts · $131 emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,235
Investment management$14,798
Total administrative$27,033
The Checkr Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$3,635

Checkr Inc.'s 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom 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 · 20242
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$14,798
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$13,510

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$27,033 · 0.04%
2023$28,290 · 0.06%
2022$16,706 · 0.05%
Same employer
Similar plansProfessional & Technical Services · California
Wood Rodgers, Inc CA$69.9M · 0.19%
Scopely Inc. CA$69.7M · 0.07%
Cerus Corporation CA$69.1M · 0.00%
Ziffren Brittenham LLP CA$68.3M · 0.41%
Discord Inc. CA$68.1M · 0.02%
Tae Technologies, Inc. CA$68.0M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 465213376 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.