Plan Ledger DOL Form 5500 · updated monthly

Garuda Labs, Inc.401(k)

GARUDA LABS 401(K) PLAN · SAN FRANCISCO, CA · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Garuda Labs, Inc. reported $21,244 in plan administrative expenses for 2024: 0.22% of average plan assets, below the peer median. Employer contributions averaged $0 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 0.13% to 0.22%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in California (5,164th of 9,483), and 1,437th of 2,199 in information & media. active participation has shrunk from 298 to 224 since 2022.

Plan summary
Net assets, end of year$11,134,143
Participants with balances558
Active participants224
Employer contributions$0
Employee contributions$2,755,403
Employer contribution per active participant$0
Average account balance$19,954
Benefits paid to participants$1,504,295
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.1M · 558 accts
2023$7.9M · 704 accts
2022$4.1M · 454 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,488
Investment management$7,756
Total administrative$21,244
The Garuda Labs, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Garuda Labs, Inc.'s 2024 employer contribution ran below the $1,313 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. · Plan administrator · Recordkeeping$19,172
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$21,244 · 0.22%
2023$11,309 · 0.19%
2022$3,960 · 0.13%
Same employer
Similar plansInformation & Media · California
Vagaro, Inc. CA$11.3M · 0.41%
15 Five, Inc. CA$11.3M · 0.27%
Pdds Buyer, LLC CA$11.3M · 0.87%
Alphonso, Inc. CA$11.1M · 0.39%
Litmos US, L.P. CA$11.1M · 0.07%
Hound Technology, Inc CA$11.0M · 0.10%
Joongangilbo USA Inc. CA$10.9M · 0.15%
Brightinsight, Inc. CA$10.7M · 0.54%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 474250174 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.