Plan Ledger DOL Form 5500 · updated monthly

Edgemine, Inc.401(k)

EDGEMINE, INC. PROFIT SHARING 401(K) PLAN · LOS ANGELES, CA · plan year 2024

Reported admin expense ratio · 2024
1.15%

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

Edgemine, Inc. reported $48,649 in plan administrative expenses for 2024: 1.15% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,664 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 0.11% to 1.15%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in California (7,147th of 9,483), and 11,423rd of 13,661 in manufacturing. In 2024, employees put in $1.95 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,596,443
Participants with balances115
Active participants81
Employer contributions$215,791
Employee contributions$420,195
Employer contribution per active participant$2,664
Average account balance$39,969
Benefits paid to participants$449,988
Plan auditUnmodified (clean) audit opinion
AuditorKIM & LEE, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$4.6M · 115 accts · $216K emplr
2023$3.9M · 113 accts · $185K emplr
2022$2.8M · 111 accts · $180K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,046
Investment management$20,603
Total administrative$48,649
The Edgemine, Inc. 401(k) match · 2024
Employer contribution per active participant$2,664
Median for plans this size$1,313
2024$2,664 per active participant
2023$1,392 per active participant
2022$2,402 per active participant

Edgemine, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20243
MERRILL LYNCH -FAS · Investment advisory (participants)$10,301
MERRILL LYNCH -EPS · Investment advisory (participants)$10,301

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$48,649 · 1.15%
2023$2,399 · 0.07%
2022$2,991 · 0.11%
Similar plansManufacturing · California
Monique Lhuillier, Inc. CA$4.7M · 0.06%
Newlight Technologies Inc CA$4.6M · 0.14%
Bar Bakers, LLC CA$4.6M · 0.27%
Rapid Manufacturing CA$4.6M · 0.02%
Byrnes & Kiefer Co., Inc. CA$4.6M · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954775330 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.