Plan Ledger DOL Form 5500 · updated monthly

H2O.AI, Inc.401(k)

H2O.AI, INC. 401(K) PLAN · MOUNTAIN VIEW, CA · plan year 2023

Reported admin expense ratio · 2023
0.63%

H2O.AI, Inc. reported $57,679 in plan administrative expenses for 2023: 0.63% of average plan assets, above the peer median. 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 0.66% to 0.56%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in California (5,368th of 9,483), and 7,905th of 11,654 in professional & technical services. active participation has shrunk from 124 to 110 since 2022.

Plan summary
Net assets, end of year$10,298,495
Participants with balances161
Active participants110
Employer contributions—
Employee contributions$1,660,685
Employer contribution per active participant—
Average account balance$63,966
Benefits paid to participants$755,314
Plan auditUnmodified (clean) audit opinion
AuditorSENSIBA SAN FILIPPO LLP
Plan history3
Yearassets · accounts · employer contribution
2024$10.1M · 122 accts
2023$10.3M · 161 accts
2022$8.0M · 175 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$57,679
Total administrative$57,679
What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$57,679
ABD RETIREMENT SERVICES, INC · Other servicesindirect comp
ABD INSURANCE AND FINANCIAL SERVICE · Other servicesindirect 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$56,739 · 0.56%
2023$57,679 · 0.63%
2022$50,656 · 0.66%
Similar plansProfessional & Technical Services · California
Cybereason, Inc. CA$10.4M · 0.05%
Acelyrin, Inc. CA$10.4M · 0.17%
Security On-Demand, LLC CA$10.4M · 0.01%
Albert Corporation CA$10.3M · 0.02%
Medallia, Inc. CA$10.3M · 0.08%
Paragon Legal Group LLC CA$10.3M · 0.07%
Premise Data Corporation CA$10.2M · 0.30%
Naehas Inc CA$10.2M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 454660094 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.