Plan Ledger DOL Form 5500 · updated monthly

Churnzero, Inc401(k)

CHURNZERO 401(K) PLAN · WASHINGTON, DC · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Churnzero, Inc reported $36,065 in plan administrative expenses for 2024: 0.45% of average plan assets, below the peer median. Employer contributions averaged $1,702 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 3 years on file its reported administrative ratio has held roughly steady near 0.45%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in District of Columbia (458th of 618), and 8,306th of 11,654 in professional & technical services. In 2024, employees put in $6.65 for every $1.00 the employer contributed; active participation has shrunk from 208 to 131 since 2022.

Plan summary
Net assets, end of year$9,043,138
Participants with balances170
Active participants131
Employer contributions$223,004
Employee contributions$1,481,974
Employer contribution per active participant$1,702
Average account balance$53,195
Benefits paid to participants$972,137
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.0M · 170 accts · $223K emplr
2023$7.0M · 190 accts · $453K emplr
2022$4.3M · 235 accts · $419K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,065
Total administrative$36,065
The Churnzero, Inc 401(k) match · 2024
Employer contribution per active participant$1,702
Median for plans this size$1,313
2024$1,702 per active participant
2023$3,515 per active participant
2022$2,015 per active participant

Churnzero, Inc's 2024 employer contribution ran above the $1,313 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$36,065

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$36,065 · 0.45%
2023$35,377 · 0.62%
2022$20,268 · 0.47%
Same employer
Similar plansProfessional & Technical Services · District of Columbia
Cgh Technologies, Inc. DC$9.4M · 0.81%
The Clearing, Inc. DC$9.4M · 0.84%
Jma Solutions, LLC DC$9.3M · 0.73%
Clutch Co. LLC dba Clutch DC$8.9M · 0.50%
Expression Networks LLC DC$8.1M · 0.33%
Bcs, LLC DC$7.8M · 0.64%

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Source: U.S. Department of Labor, Form 5500 series, EIN 474149122 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.