Plan Ledger DOL Form 5500 · updated monthly

Idealab401(k)

IDEALAB 401(K) PLAN · PASADENA, CA · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Idealab reported $4,228 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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 rose from 0.02% to 0.03%. 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 4,105th-largest of 9,483 plans among California employers on file, and 6,194th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$16,729,172
Participants with balances102
Active participants24
Employer contributions$0
Employee contributions$304,884
Employer contribution per active participant$0
Average account balance$164,011
Benefits paid to participants$480,523
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.7M · 102 accts
2023$14.8M · 109 accts
2022$14.3M · 137 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$915
Investment management$3,313
Total administrative$4,228
The Idealab 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

Idealab's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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
EMPOWER ADVISORY GROUP,LLC · Investment management$3,288
TRUOG-RYDING COMPANY INC · Contract administrator$250
OAKWOOD CAPITAL SECURITIES, INCindirect 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$4,228 · 0.03%
2023$1,870 · 0.01%
2022$3,692 · 0.02%
Similar plansProfessional & Technical Services · California
Aravo Solutions, Inc. CA$16.9M · 0.35%
Adicet Therapeutics, Inc. CA$16.9M · 0.08%
Atr International Inc. CA$16.8M · 0.02%
Twining, Inc. CA$16.7M · 0.52%
Jade Global Inc. CA$16.7M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954569774 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.