Plan Ledger DOL Form 5500 · updated monthly

Claimocity, Inc.401(k)

CLAIMOCITY LLC 401(K) PLAN · LAS VEGAS, NV · plan year 2023

Reported admin expense ratio · 2023
0.83%

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

Claimocity, Inc. reported $15,722 in plan administrative expenses for 2023: 0.83% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,107 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 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Nevada (352nd of 437), and 10,921st of 11,654 in professional & technical services. In 2023, employees put in $2.94 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,907,117
Participants with balances73
Active participants60
Employer contributions$66,429
Employee contributions$195,018
Employer contribution per active participant$1,107
Average account balance$26,125
Benefits paid to participants$520,721
Plan auditUnmodified (clean) audit opinion
AuditorMETZ & ASSOCIATES PLLC
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$5,149
Investment management$4,601
Total administrative$15,722
The Claimocity, Inc. 401(k) match · 2023
Employer contribution per active participant$1,107
Median for plans this size$1,308

Claimocity, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$2,550
UNITED PLANNERS FINANCIAL · Investment advisory (participants)$4,601

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history1
2023$15,722 · 0.83%
Similar plansProfessional & Technical Services · Nevada
Prime Digital NV$4.4M · 0.10%
Cleanspark, Inc. NV$4.1M · 1.85%
Rangefront Consulting LLC NV$1.8M · 1.12%
Gt Ventures LLC NV$618K · 2.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 825414800 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.