Plan Ledger DOL Form 5500 · updated monthly

Embark Trucks, Inc.401(k)

EMBARK TRUCKS 401(K) PLAN · SAN FRANCISCO, CA · plan year 2022

Reported admin expense ratio · 2022
0.11%

Embark Trucks, Inc. reported $6,202 in plan administrative expenses for 2022: 0.11% of average plan assets, lower than ~75% of peers. 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in California (6,473rd of 9,483), and 9,183rd of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$6,568,128
Participants with balances356
Active participants316
Employer contributions—
Employee contributions$2,900,818
Employer contribution per active participant—
Average account balance$18,450
Benefits paid to participants$644,585
Plan auditUnmodified (clean) audit opinion
AuditorFRANK, RIMERMAN & CO. LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$11
Investment management$1,534
Total administrative$6,202
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$6,202 · 0.11%
Similar plansProfessional & Technical Services · California
Incorta, Inc. CA$6.6M · 0.47%
Arcules, Inc. CA$6.6M · 0.49%
Matonee Inc CA$6.6M · 0.18%
Buddha Jones, LLC CA$6.5M · 0.69%
Gar Laboratories, Inc. CA$6.5M · 0.43%
Genesee Scientific, LLC CA$6.5M · 0.95%
174 Power Global CA$6.5M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 811092914 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.