Plan Ledger DOL Form 5500 · updated monthly

Glooko, Inc.401(k)

GLOOKO 401(K) PLAN · PALO ALTO, CA · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Glooko, Inc. reported $11,024 in plan administrative expenses for 2024: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,956 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 0.13% to 0.12%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in California (5,674th of 9,483), and 8,224th of 11,654 in professional & technical services. In 2024, employees put in $5.63 for every $1.00 the employer contributed; active participation has shrunk from 108 to 84 since 2022.

Plan summary
Net assets, end of year$9,285,245
Participants with balances161
Active participants84
Employer contributions$248,319
Employee contributions$1,398,947
Employer contribution per active participant$2,956
Average account balance$57,672
Benefits paid to participants$1,994,143
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.3M · 161 accts · $248K emplr
2023$8.4M · 173 accts · $310K emplr
2022$5.9M · 216 accts · $316K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,225
Investment management$6,799
Total administrative$11,024
The Glooko, Inc. 401(k) match · 2024
Employer contribution per active participant$2,956
Median for plans this size$1,313
2024$2,956 per active participant
2023$2,668 per active participant
2022$2,922 per active participant

Glooko, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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$8,963
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$11,024 · 0.12%
2023$8,431 · 0.12%
2022$7,218 · 0.13%
Same employer
Similar plansProfessional & Technical Services · California
Hungry Heart Media, Inc. CA$9.3M · 0.13%
Atomwise Inc. CA$9.3M · 0.02%
Chatmeter, Inc. CA$9.3M · 0.17%
Sequoia Consulting Group CA$9.2M · 0.39%
Inner City Law Center CA$9.2M · 0.09%
Agreeya Solutions, Inc. CA$9.2M · 0.90%

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Source: U.S. Department of Labor, Form 5500 series, EIN 273873317 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.