Plan Ledger DOL Form 5500 · updated monthly

Drata Inc401(k)

DRATA INC. 401(K) PLAN · SAN DIEGO, CA · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Drata Inc reported $11,386 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. 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 0.09% to 0.11%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 4,697th-largest of 9,483 plans among California employers on file, and the 837th of 2,534 in administrative & support services.

Plan summary
Net assets, end of year$13,344,735
Participants with balances451
Active participants376
Employer contributions$0
Employee contributions$4,483,629
Employer contribution per active participant$0
Average account balance$29,589
Benefits paid to participants$2,124,176
Plan auditUnmodified (clean) audit opinion
AuditorBDG CPAS
Plan history2
Yearassets · accounts · employer contribution
2024$13.3M · 451 accts
2023$7.8M · 416 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,100
Investment management$8,286
Total administrative$11,386
The Drata Inc 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

Drata Inc's 2024 employer contribution ran below the $2,416 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 · 20242
GUIDELINE, INC. · Recordkeeping · Consulting$10,201
BENEFIT TRUST COMPANY · Custodial · Custodial (securities)indirect comp

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$11,386 · 0.11%
2023$4,675 · 0.09%
Same employer
Similar plansAdministrative & Support Services · California
Scio Technologies, Inc. CA$13.8M · 0.09%
San Diego Tourism Authority CA$13.4M · 0.24%
Popout, Inc. dba Shippo CA$13.2M · 0.07%
Valmetal Tulare, Inc. CA$13.1M · 0.47%
Riviera Partners CA$12.9M · 0.19%
Majorel USA, Inc. CA$12.8M · 0.42%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 853730802 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.