Plan Ledger DOL Form 5500 · updated monthly

Icertis Inc.401(k)

ICERTIS 401(K) PLAN · BELLEVUE, WA · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Icertis Inc. reported $118,267 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $6,581 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 2 years on file its reported administrative ratio fell from 0.36% to 0.28%. 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 the 378th-largest of 1,714 plans among Washington employers on file, and the 2,917th of 11,654 in professional & technical services. In 2024, employees put in $2.29 for every $1.00 the employer contributed; active participation has shrunk from 448 to 382 since 2022.

Plan summary
Net assets, end of year$46,622,343
Participants with balances491
Active participants382
Employer contributions$2,513,764
Employee contributions$5,756,641
Employer contribution per active participant$6,581
Average account balance$94,954
Benefits paid to participants$6,890,942
Plan auditUnmodified (clean) audit opinion
AuditorBAKER TILLY, LLP, BTUS
Plan history3
Yearassets · accounts · employer contribution
2024$46.6M · 491 accts · $2.5M emplr
2023$37.0M · 486 accts · $2.6M emplr
2022$25.2M · 503 accts · $2.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$57,209
Investment management$51,115
Total administrative$118,267
The Icertis Inc. 401(k) match · 2024
Employer contribution per active participant$6,581
Median for plans this size$2,416
2024$6,581 per active participant
2023$7,030 per active participant
2022$6,177 per active participant

Icertis 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$77,096
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$37,552
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$13,563

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$118,267 · 0.28%
2023$96,735 · 0.31%
2022$85,233 · 0.36%
Same employer
Similar plansProfessional & Technical Services · Washington
Altasciences USA LLC WA$48.5M · 0.52%
Pioneer Human Services WA$47.1M · 0.38%
Coughlin Porter Lundeen WA$45.5M · 0.10%
Ispot.Tv, Inc. WA$45.2M · 0.29%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 800380654 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.