Plan Ledger DOL Form 5500 · updated monthly

Codexis, Inc.401(k)

CODEXIS, INC. 401(K) PLAN · REDWOOD CITY, CA · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Codexis, Inc. reported $126,513 in plan administrative expenses for 2024: 0.25% of average plan assets, higher than ~75% of peers. Employer contributions averaged $5,877 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 rose from 0.03% to 0.25%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,611th-largest of 9,483 plans among California employers on file, and the 2,511th 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 252 to 193 since 2022.

Plan summary
Net assets, end of year$56,099,460
Participants with balances399
Active participants193
Employer contributions$1,134,199
Employee contributions$3,166,575
Employer contribution per active participant$5,877
Average account balance$140,600
Benefits paid to participants$3,644,150
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$56.1M · 399 accts · $1.1M emplr
2023$46.9M · 344 accts · $1.7M emplr
2022$38.6M · 391 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$37,737
Investment management$88,776
Total administrative$126,513
The Codexis, Inc. 401(k) match · 2024
Employer contribution per active participant$5,877
Median for plans this size$3,635
2024$5,877 per active participant
2023$9,638 per active participant
2022$6,267 per active participant

Codexis, Inc.'s 2024 employer contribution ran above the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$74,055
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$37,737
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$14,722

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$126,513 · 0.25%
2023$103,121 · 0.24%
2022$12,615 · 0.03%
Same employer
Similar plansProfessional & Technical Services · California
Ncc Group Inc. CA$56.5M · 0.04%
Marketcast LLC CA$56.3M · 0.31%
Albert a. Webb Associates CA$56.2M · 0.02%
Hood & Strong LLP CA$56.2M · 0.06%
A10 Networks, Inc. CA$55.5M · 0.19%
Illumio, Inc. CA$55.4M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 710872999 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.