Plan Ledger DOL Form 5500 · updated monthly

Contrast Security, Inc.401(k)

CONTRAST SECURITY 401(K) PLAN · LOS ALTOS, CA · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Contrast Security, Inc. reported $24,134 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,260 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 0.11% to 0.09%. 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 2,723rd-largest of 9,483 plans among California employers on file, and the 4,257th of 11,654 in professional & technical services. In 2024, employees put in $5.28 for every $1.00 the employer contributed; active participation has shrunk from 234 to 202 since 2022.

Plan summary
Net assets, end of year$29,271,280
Participants with balances332
Active participants202
Employer contributions$658,606
Employee contributions$3,474,232
Employer contribution per active participant$3,260
Average account balance$88,167
Benefits paid to participants$3,626,964
Plan auditUnmodified (clean) audit opinion
AuditorFRANK, RIMERMAN CO. LLP
Plan history3
Yearassets · accounts · employer contribution
2024$29.3M · 332 accts · $659K emplr
2023$23.5M · 342 accts · $787K emplr
2022$16.3M · 349 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,134
Total administrative$24,134
The Contrast Security, Inc. 401(k) match · 2024
Employer contribution per active participant$3,260
Median for plans this size$2,416
2024$3,260 per active participant
2023$4,280 per active participant
2022$4,317 per active participant

Contrast Security, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$24,134

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$24,134 · 0.09%
2023$19,350 · 0.10%
2022$17,088 · 0.11%
Same employer
Similar plansProfessional & Technical Services · California
Nio USA, Inc. CA$29.4M · 0.11%
Dmg Corporation CA$29.4M · 0.20%
Servicemax, Inc. CA$29.3M · 0.29%
Wayne Perry, Inc. CA$29.1M · 0.10%
Cytomx Therapeutics Inc. CA$29.1M · 0.04%
Owl Companies CA$29.1M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 471149360 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.