Plan Ledger DOL Form 5500 · updated monthly

Hyperproof Inc401(k)

HYPERPROOF 401(K) PLAN · SEATTLE, WA · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Hyperproof Inc reported $7,340 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,271 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 fell from 0.12% to 0.11%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Washington (1,164th of 1,714), and 1,624th of 2,199 in information & media. In 2024, employees put in $2.14 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,222,316
Participants with balances209
Active participants161
Employer contributions$848,578
Employee contributions$1,818,773
Employer contribution per active participant$5,271
Average account balance$39,341
Benefits paid to participants$731,200
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$8.2M · 209 accts · $849K emplr
2023$5.2M · 171 accts · $614K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,052
Investment management$5,288
Total administrative$7,340
The Hyperproof Inc 401(k) match · 2024
Employer contribution per active participant$5,271
Median for plans this size$1,313
2024$5,271 per active participant
2023$4,484 per active participant

Hyperproof 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. · Plan administrator · Recordkeeping$6,601
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.

Administrative cost history2
2024$7,340 · 0.11%
2023$4,544 · 0.12%
Same employer
Similar plansInformation & Media · Washington
Pivotal Commware, Inc. WA$11.1M · 0.27%
Run Studios LLC WA$9.0M · 0.51%
Syndio Solutions, Inc. WA$8.8M · 0.24%
Textio, Inc. WA$8.3M · 0.03%
Prescryptive Health Inc. WA$7.9M · 0.37%
Skilljar WA$7.0M · 0.53%
Color Creative LLC WA$4.6M · 0.04%
Creativelive Inc. WA$3.8M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 831671980 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.