Groove Labs Inc.401(k)
GROOVE LABS 401(K) PLAN · SAN FRANCISCO, CA · plan year 2023
Groove Labs Inc. reported $6,322 in plan administrative expenses for 2023: 0.12% of average plan assets, lower than ~75% of peers. 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 1 year on file its reported administrative ratio rose from 0.09% to 0.12%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in California (6,572nd of 9,483), and 1,783rd of 2,199 in information & media. In 2023, employees put in $4.14 for every $1.00 the employer contributed.
Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 465386787 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.