Plan Ledger DOL Form 5500 · updated monthly

Imply Data, Inc.401(k)

IMPLY DATA, INC. 401(K) PLAN · BURLINGAME, CA · plan year 2024

Reported admin expense ratio · 2024
0.59%

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

Imply Data, Inc. reported $63,698 in plan administrative expenses for 2024: 0.59% of average plan assets, higher 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 3 years on file its reported administrative ratio has held roughly steady near 0.590%. 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 California (4,956th of 9,483), and 7,373rd of 11,654 in professional & technical services. active participation has shrunk from 168 to 110 since 2022.

Plan summary
Net assets, end of year$12,073,949
Participants with balances195
Active participants110
Employer contributions$0
Employee contributions$2,056,103
Employer contribution per active participant$0
Average account balance$61,918
Benefits paid to participants$2,878,965
Plan auditUnmodified (clean) audit opinion
AuditorFRANK, RIMERMAN & CO., LLP
Plan history3
Yearassets · accounts · employer contribution
2024$12.1M · 195 accts
2023$9.5M · 205 accts
2022$6.6M · 215 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,589
Investment management$41,109
Total administrative$63,698
The Imply Data, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

Imply Data, 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 · 20242
PRECEPT ADVISORY GROUP · Investment advisory (plan)$37,702
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$22,589

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$63,698 · 0.59%
2023$43,774 · 0.54%
2022$32,247 · 0.59%
Same employer
Similar plansProfessional & Technical Services · California
Trussworks, Inc. CA$12.1M · 0.03%
Inscripta, Inc. CA$12.1M · 0.14%
Visiquate Inc. CA$12.1M · 0.33%
Caylent, Inc. CA$12.1M · 0.47%
Ars Pharmaceutical Inc CA$11.9M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 474357198 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.