Plan Ledger DOL Form 5500 · updated monthly

Floqast, Inc.401(k)

FLOQAST 401(K) PLAN · LOS ANGELES, 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

Floqast, Inc. reported $22,005 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1 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 0.10% to 0.11%. 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 3,089th-largest of 9,483 plans among California employers on file, and the 881st of 2,199 in information & media. In 2024, employees put in $13301.11 for every $1.00 the employer contributed; active participation has grown from 518 to 694 since 2022.

Plan summary
Net assets, end of year$25,129,881
Participants with balances799
Active participants694
Employer contributions$466
Employee contributions$6,198,316
Employer contribution per active participant$1
Average account balance$31,452
Benefits paid to participants$1,938,150
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$25.1M · 799 accts · $466 emplr
2023$16.3M · 618 accts
2022$9.3M · 573 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,668
Investment management$16,337
Total administrative$22,005
The Floqast, Inc. 401(k) match · 2024
Employer contribution per active participant$1
Median for plans this size$2,416

Floqast, 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$19,805
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.

Recordkeeper by year2
2024Guideline
2023Guideline

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

Administrative cost history3
2024$22,005 · 0.11%
2023$13,527 · 0.11%
2022$7,900 · 0.10%
Same employer
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Medable, Inc. CA$25.8M · 0.40%
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Mocean, LLC CA$25.3M · 0.38%
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Source: U.S. Department of Labor, Form 5500 series, EIN 463113113 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.