Plan Ledger DOL Form 5500 · updated monthly

Fiscalnote, Inc.401(k)

FISCALNOTE 401(K) RETIREMENT PLAN · WASHINGTON, DC · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Fiscalnote, Inc. reported $140,582 in plan administrative expenses for 2024: 0.26% of average plan assets, higher than ~75% of peers. Employer contributions averaged $5,305 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 3 years on file its reported administrative ratio has held roughly steady near 0.26%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 158th-largest of 618 plans among District of Columbia employers on file, and the 2,532nd of 11,654 in professional & technical services. In 2024, employees put in $1.83 for every $1.00 the employer contributed; active participation has shrunk from 569 to 355 since 2022.

Plan summary
Net assets, end of year$55,818,491
Participants with balances710
Active participants355
Employer contributions$1,883,380
Employee contributions$3,450,852
Employer contribution per active participant$5,305
Average account balance$78,618
Benefits paid to participants$7,396,208
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$55.8M · 710 accts · $1.9M emplr
2023$52.6M · 833 accts · $2.3M emplr
2022$44.0M · 935 accts · $2.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$96,582
Investment management$44,000
Total administrative$140,582
The Fiscalnote, Inc. 401(k) match · 2024
Employer contribution per active participant$5,305
Median for plans this size$3,635
2024$5,305 per active participant
2023$5,348 per active participant
2022$4,297 per active participant

Fiscalnote, Inc.'s 2024 employer contribution ran above the $3,635 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
SENTINEL BENEFITS GROUP, LLC · Recordkeeping$81,312
KESTRA FINANCIAL ADVISORS · Recordkeeping$44,000
FIDELITY INSTITUTIONAL · Recordkeeping$15,270

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

Recordkeeper by year2
2024Fidelity, KESTRA FINANCIAL ADVISORS, Sentinel Group
2023Fidelity, KESTRA FINANCIAL ADVISORS, Sentinel Group

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Administrative cost history3
2024$140,582 · 0.26%
2023$138,196 · 0.29%
2022$125,265 · 0.27%
Same employer
Similar plansProfessional & Technical Services · District of Columbia
Versar, Inc. DC$56.6M · 0.17%
Ls Technologies, LLC DC$56.6M · 0.25%
Earthscope Consortium DC$55.3M · 0.05%
Kiernan Trebach LLP DC$50.4M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 800934908 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.