Plan Ledger DOL Form 5500 · updated monthly

Citrusbyte, LLC dba Theorem, LLC401(k)

THEOREMONE 401(K) AND PROFIT SHARING PLAN · WOODLAND HILLS, CA · plan year 2022

Reported admin expense ratio · 2022
0.74%

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

Citrusbyte, LLC dba Theorem, LLC reported $43,499 in plan administrative expenses for 2022: 0.74% of average plan assets, above the peer median. Employer contributions averaged $7,571 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in California (6,641st of 9,483), and 9,371st of 11,654 in professional & technical services. In 2022, the employer put in $1.11 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$6,074,516
Participants with balances139
Active participants110
Employer contributions$832,792
Employee contributions$751,563
Employer contribution per active participant$7,571
Average account balance$43,702
Benefits paid to participants$377,894
Plan auditUnmodified (clean) audit opinion
AuditorROJAS & ASSOCIATES, CPAS
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$6.1M · 139 accts · $833K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$43,499
Total administrative$43,499
The Citrusbyte, LLC dba Theorem, LLC 401(k) match · 2022
Employer contribution per active participant$7,571
Median for plans this size$1,114

Citrusbyte, LLC dba Theorem, LLC's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$43,499 · 0.74%
Similar plansProfessional & Technical Services · California
Halio, Inc. CA$6.2M · 0.02%
Laritech, Inc. CA$6.1M · 1.32%
Clara Foods Co. CA$6.1M · 0.04%
Evercharge Inc. CA$6.0M · 0.11%
Intellipro Group, Inc. CA$6.0M · 1.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 870804069 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.