Plan Ledger DOL Form 5500 · updated monthly

Illumio, Inc.401(k)

ILLUMIO 401(K) PLAN · SUNNYVALE, CA · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Illumio, Inc. reported $20,656 in plan administrative expenses for 2024: 0.04% 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 fell from 0.05% to 0.04%. 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 1,631st-largest of 9,483 plans among California employers on file, and the 2,556th of 11,654 in professional & technical services. active participation has grown from 455 to 536 since 2022.

Plan summary
Net assets, end of year$55,440,960
Participants with balances636
Active participants536
Employer contributions$0
Employee contributions$8,756,253
Employer contribution per active participant$0
Average account balance$87,171
Benefits paid to participants$5,442,707
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$55.4M · 636 accts
2023$42.3M · 520 accts
2022$31.5M · 493 accts · $2K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,656
Total administrative$20,656
The Illumio, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

Illumio, Inc.'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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$20,682

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$20,656 · 0.04%
2023$21,326 · 0.06%
2022$15,792 · 0.05%
Same employer
Similar plansProfessional & Technical Services · California
Codexis, Inc. CA$56.1M · 0.25%
A10 Networks, Inc. CA$55.5M · 0.19%
Berliner Cohen, LLP CA$54.1M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 461675620 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.