Plan Ledger DOL Form 5500 · updated monthly

Hiya, Inc.401(k)

HIYA, INC. 401(K) PLAN · SEATTLE, WA · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Hiya, Inc. reported $36,124 in plan administrative expenses for 2024: 0.36% of average plan assets, above the peer median. Employer contributions averaged $6,384 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 3 years on file its reported administrative ratio has held roughly steady near 0.36%. 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 among the smaller plans on file in Washington (995th of 1,714), and 7,520th of 11,654 in professional & technical services. In 2024, employees put in $2.78 for every $1.00 the employer contributed; active participation has shrunk from 111 to 92 since 2022.

Plan summary
Net assets, end of year$11,568,775
Participants with balances168
Active participants92
Employer contributions$587,341
Employee contributions$1,630,788
Employer contribution per active participant$6,384
Average account balance$68,862
Benefits paid to participants$1,285,260
Plan auditUnmodified (clean) audit opinion
AuditorGREENWOOD OHLUND
Plan history3
Yearassets · accounts · employer contribution
2024$11.6M · 168 accts · $587K emplr
2023$8.8M · 183 accts · $590K emplr
2022$5.6M · 161 accts · $220K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,124
Total administrative$36,124
The Hiya, Inc. 401(k) match · 2024
Employer contribution per active participant$6,384
Median for plans this size$2,416
2024$6,384 per active participant
2023$4,755 per active participant
2022$1,978 per active participant

Hiya, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$36,124

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$36,124 · 0.36%
2023$26,151 · 0.36%
2022$20,120 · 0.37%
Same employer
Similar plansProfessional & Technical Services · Washington
Rdh Building Science, Inc. WA$11.7M · 0.01%
Monarch Enterprises, Inc. WA$11.6M · 0.57%
Newengen, Inc. WA$11.6M · 0.80%
Karat, Inc. WA$11.4M · 0.03%
Maq, LLC dba Maq Software WA$11.2M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 811570722 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.