Plan Ledger DOL Form 5500 · updated monthly

Clutch401(k)

CLUTCH 401(K) PLAN · FAIR OAKS, CA · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Clutch reported $14,791 in plan administrative expenses for 2024: 0.51% of average plan assets, below the peer median. 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 1 year on file its reported administrative ratio rose from 0.16% to 0.51%. 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 California (7,679th of 9,483), and 10,408th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$3,348,112
Participants with balances110
Active participants75
Employer contributions$0
Employee contributions$909,245
Employer contribution per active participant$0
Average account balance$30,437
Benefits paid to participants$689,644
Plan auditUnmodified (clean) audit opinion
AuditorSILICON VALLEY ACCOUNTANCY
Plan history2
Yearassets · accounts · employer contribution
2024$3.3M · 110 accts
2023$2.5M · 199 accts · $847 emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,506
Investment management$3,285
Total administrative$14,791
The Clutch 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Clutch'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 · 20243
HUMAN INTEREST ADVISOR LLC · Contract administrator · Recordkeeping$9,191
PRIME CAPITAL INVESTMENT ADVISORS L · Investment advisory (plan)$3,285

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

Administrative cost history2
2024$14,791 · 0.51%
2023$2,346 · 0.16%
Similar plansProfessional & Technical Services · California
Synectic Solutions CA$3.4M · 0.07%
Bay Area Tech Workers CA$3.4M · 0.60%
Burdick Painting CA$3.3M · 0.91%
100 Thieves, Inc. CA$3.3M · 0.14%
Sleep Data Holdings, LLC CA$3.3M · 0.91%

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Source: U.S. Department of Labor, Form 5500 series, EIN 371954157 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.