Plan Ledger DOL Form 5500 · updated monthly

Inkling Systems, Inc.401(k)

INKLING SYSTEMS, INC. 401(K) PLAN · SAN FRANCISCO, CA · plan year 2023

Reported admin expense ratio · 2023
0.49%

Inkling Systems, Inc. reported $24,330 in plan administrative expenses for 2023: 0.49% of average plan assets, below the peer median. 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 0.58% to 0.49%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in California (6,863rd of 9,483), and 9,634th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$5,434,538
Participants with balances118
Active participants53
Employer contributions—
Employee contributions$650,297
Employer contribution per active participant—
Average account balance$46,055
Benefits paid to participants$637,267
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$5.4M · 118 accts
2022$4.6M · 132 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$24,330
Total administrative$24,330
What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
ADP, INC. · Loan processing · Recordkeeping$24,330

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2023$24,330 · 0.49%
2022$28,842 · 0.58%
Similar plansProfessional & Technical Services · California
Moogsoft, Inc. CA$5.5M · 0.12%
Finix Payments, Inc. CA$5.5M · 0.15%
Secureframe Inc CA$5.4M · 0.14%
Pensando Systems, Inc. CA$5.4M · 0.09%
Sendbird, Inc CA$5.4M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 270794213 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.