Plan Ledger DOL Form 5500 · updated monthly

Code 42 Software, Inc.401(k)

CODE42 401(K) RETIREMENT PLAN · MINNEAPOLIS, MN · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Code 42 Software, Inc. reported $22,021 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,461 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 0.051%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 545th-largest of 1,918 plans among Minnesota employers on file, and the 3,052nd of 11,654 in professional & technical services. In 2024, employees put in $2.79 for every $1.00 the employer contributed; active participation has shrunk from 337 to 166 since 2022.

Plan summary
Net assets, end of year$44,060,765
Participants with balances468
Active participants166
Employer contributions$906,467
Employee contributions$2,530,121
Employer contribution per active participant$5,461
Average account balance$94,147
Benefits paid to participants$7,717,811
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$0
2024$44.1M · 468 accts · $906K emplr
2023$41.9M · 547 accts · $1.2M emplr
2022$40.2M · 628 accts · $1.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,021
Total administrative$22,021
The Code 42 Software, Inc. 401(k) match · 2024
Employer contribution per active participant$5,461
Median for plans this size$2,416
2024$5,461 per active participant
2023$5,232 per active participant
2022$5,618 per active participant

Code 42 Software, Inc.'s 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
THE VANGUARD GROUP, INC. · Recordkeeping · Loan processing$34,773

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history4
2025Not separately reported
2024$22,021 · 0.05%
2023$18,607 · 0.05%
2022$22,070 · 0.05%
Same employer
Similar plansProfessional & Technical Services · Minnesota
Olsen Thielen & Co., LTD MN$47.2M · 0.24%
Messerli & Kramer, P.A. MN$45.8M · 0.08%
Kfi Engineers, PC MN$43.5M · 0.21%
Sierra Bravo Corporation MN$41.2M · 0.16%
The Rfa Group, Inc. MN$39.9M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 412019591 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.