Plan Ledger DOL Form 5500 · updated monthly

Geotab USA, Inc.401(k)

GEOTAB 401K PLAN · LAS VEGAS, NV · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Geotab USA, Inc. reported $84,252 in plan administrative expenses for 2024: 0.45% of average plan assets, above the peer median. Employer contributions averaged $3,926 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 fell from 0.65% to 0.45%. 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 124th-largest of 437 plans among Nevada employers on file, and the 5,291st of 11,654 in professional & technical services. In 2024, employees put in $1.92 for every $1.00 the employer contributed; active participation has shrunk from 385 to 329 since 2022.

Plan summary
Net assets, end of year$21,497,083
Participants with balances296
Active participants329
Employer contributions$1,291,495
Employee contributions$2,480,010
Employer contribution per active participant$3,926
Average account balance$72,625
Benefits paid to participants$1,464,621
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$21.5M · 296 accts · $1.3M emplr
2023$16.2M · 315 accts · $1.1M emplr
2022$10.9M · 314 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,834
Investment management$44,418
Total administrative$84,252
The Geotab USA, Inc. 401(k) match · 2024
Employer contribution per active participant$3,926
Median for plans this size$2,416
2024$3,926 per active participant
2023$3,129 per active participant
2022$2,613 per active participant

Geotab USA, 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 · 20242
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$40,399
TOWERS WATSON INVESTMENT SERVICES · Investment advisory (participants)$43,853

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$84,252 · 0.45%
2023$58,346 · 0.43%
2022$68,247 · 0.65%
Same employer
Similar plansProfessional & Technical Services · Nevada
Tactical Air Support, Inc. NV$30.3M · 0.30%
Geotek Operations Limited NV$20.0M · 0.56%
Playstudios US, LLC NV$17.4M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 331223787 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.