Plan Ledger DOL Form 5500 · updated monthly

Forensic Analytical Specialties, Inc.401(k)

FORENSIC ANALYTICAL RETIREMENT PLAN · HAYWARD, CA · plan year 2024

Reported admin expense ratio · 2024
0.52%

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

Forensic Analytical Specialties, Inc. reported $172,361 in plan administrative expenses for 2024: 0.52% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,330 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 0.21% to 0.52%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 2,417th-largest of 9,483 plans among California employers on file, and the 3,745th of 11,654 in professional & technical services. In 2024, employees put in $2.54 for every $1.00 the employer contributed; active participation has shrunk from 174 to 145 since 2022.

Plan summary
Net assets, end of year$34,359,547
Participants with balances251
Active participants145
Employer contributions$482,842
Employee contributions$1,227,707
Employer contribution per active participant$3,330
Average account balance$136,891
Benefits paid to participants$3,776,180
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$34.4M · 251 accts · $483K emplr
2023$31.9M · 247 accts · $515K emplr
2022$31.2M · 247 accts · $494K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$116,573
Investment management$35,798
Audit (IQPA)$19,990
Total administrative$172,361
The Forensic Analytical Specialties, Inc. 401(k) match · 2024
Employer contribution per active participant$3,330
Median for plans this size$2,416
2024$3,330 per active participant
2023$3,177 per active participant
2022$2,840 per active participant

Forensic Analytical Specialties, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20244
EMPOWER ANNUITY INS. CO. OF AMERICA · Other services · Participant communication$116,573
SAGEVIEW ADVISORY GROUP · Investment advisory (plan)$35,798
WRIGHT FORD YOUNG & CO. · Accounting / audit$19,990
CARLSON QUINN, INC. · Contract administratorindirect comp

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

Administrative cost history3
2024$172,361 · 0.52%
2023$183,553 · 0.58%
2022$73,980 · 0.21%
Similar plansProfessional & Technical Services · California
Governmentjobs.com, Inc. CA$34.9M · 0.57%
Personalis, Inc. CA$34.5M · 0.06%
Saama Technologies, LLC CA$34.3M · 0.18%
Anthropic Pbc CA$34.3M · 0.08%
Fate Therapeutics, Inc. CA$34.3M · 0.40%
Synoptek, LLC CA$34.2M · 0.41%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 943018588 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.