Plan Ledger DOL Form 5500 · updated monthly

Hireteammate, Inc. dba Hireez401(k)

HIREEZ 401(K) PLAN · MOUNTAIN VIEW, CA · plan year 2024

Reported admin expense ratio · 2024
0.89%

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

Hireteammate, Inc. dba Hireez reported $43,025 in plan administrative expenses for 2024: 0.89% of average plan assets, higher than ~75% of peers. Employer contributions averaged $7,197 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 1 year on file its reported administrative ratio rose from 0.40% to 0.89%. 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 (6,880th of 9,483), and 9,653rd of 11,654 in professional & technical services. In 2024, employees put in $1.88 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,387,595
Participants with balances102
Active participants57
Employer contributions$410,253
Employee contributions$770,264
Employer contribution per active participant$7,197
Average account balance$52,820
Benefits paid to participants$855,668
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$5.4M · 102 accts · $410K emplr
2023$4.3M · 155 accts · $437K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,900
Investment management$10,125
Total administrative$43,025
The Hireteammate, Inc. dba Hireez 401(k) match · 2024
Employer contribution per active participant$7,197
Median for plans this size$1,313
2024$7,197 per active participant
2023$5,080 per active participant

Hireteammate, Inc. dba Hireez'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
CREATIVE PLANNING HOLDCO LLC DBA CR · Investment advisory (plan)$10,125

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

Administrative cost history2
2024$43,025 · 0.89%
2023$17,102 · 0.40%
Same employer
Similar plansProfessional & Technical Services · California
Inkling Systems, Inc. CA$5.4M · 0.49%
Pensando Systems, Inc. CA$5.4M · 0.09%
Sendbird, Inc CA$5.4M · 0.02%
Firstlayerai, Inc. CA$5.3M · 0.02%
Therabody, Inc. CA$5.3M · 0.53%
Tubescience USA, Inc. CA$5.2M · 1.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 473428078 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.