Plan Ledger DOL Form 5500 · updated monthly

Degree, Inc.401(k)

LATTICE 401(K) PLAN · SAN FRANCISCO, CA · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Degree, Inc. reported $100,044 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $2,707 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 0.04% to 0.28%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 2,153rd-largest of 9,483 plans among California employers on file, and the 632nd of 2,199 in information & media. In 2024, employees put in $5.44 for every $1.00 the employer contributed; active participation has shrunk from 657 to 464 since 2022.

Plan summary
Net assets, end of year$39,686,528
Participants with balances723
Active participants464
Employer contributions$1,256,160
Employee contributions$6,832,812
Employer contribution per active participant$2,707
Average account balance$54,891
Benefits paid to participants$7,908,242
Plan auditUnmodified (clean) audit opinion
AuditorKBF CPAS-AUDIT, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$39.7M · 723 accts · $1.3M emplr
2023$33.0M · 739 accts · $1.4M emplr
2022$19.8M · 718 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,552
Investment management$89,492
Total administrative$100,044
The Degree, Inc. 401(k) match · 2024
Employer contribution per active participant$2,707
Median for plans this size$2,416
2024$2,707 per active participant
2023$2,659 per active participant
2022$2,567 per active participant

Degree, 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 · 20243
PENSIONMARK FINANCIAL GROUP, LLC · Recordkeeping · Trustee$86,744
ADP, INC. · Loan processing · Recordkeeping$13,299
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP, PENSIONMARK FINANCIAL GROUP, LLC
2023ADP

This plan has changed recordkeepers within these filings. If you left Degree, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$100,044 · 0.28%
2023$10,469 · 0.04%
2022$5,402 · 0.04%
Same employer
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Forgerock US, Inc. CA$41.3M · 0.00%
Imax Corporation CA$40.7M · 0.14%
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Linden Research Inc. CA$40.4M · 0.13%
Ip Infusion Inc. CA$39.6M · 0.01%
Kyriba Corp CA$39.2M · 0.47%
Pubmatic, Inc. CA$38.9M · 0.00%
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Source: U.S. Department of Labor, Form 5500 series, EIN 474689666 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.