Plan Ledger DOL Form 5500 · updated monthly

Cleardata Networks, Inc.401(k)

CLEARDATA NETWORKS, INC. 401(K) PLAN · AUSTIN, TX · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Cleardata Networks, Inc. reported $26,013 in plan administrative expenses for 2024: 0.32% of average plan assets, below the peer median. Employer contributions averaged $25 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 0.36% to 0.32%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Texas (3,225th of 5,688), and 1,572nd of 2,199 in information & media. In 2024, employees put in $411.93 for every $1.00 the employer contributed; active participation has shrunk from 164 to 132 since 2022.

Plan summary
Net assets, end of year$8,976,474
Participants with balances174
Active participants132
Employer contributions$3,323
Employee contributions$1,368,859
Employer contribution per active participant$25
Average account balance$51,589
Benefits paid to participants$1,137,519
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.0M · 174 accts · $3K emplr
2023$7.3M · 193 accts
2022$5.8M · 132 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,013
Total administrative$26,013
The Cleardata Networks, Inc. 401(k) match · 2024
Employer contribution per active participant$25
Median for plans this size$1,313

Cleardata Networks, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$26,012

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$26,013 · 0.32%
2023$20,543 · 0.31%
2022$20,660 · 0.36%
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Source: U.S. Department of Labor, Form 5500 series, EIN 270574916 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.