Plan Ledger DOL Form 5500 · updated monthly

Ironclad, Inc.401(k)

LRONCLAD 401(K) PLAN · SAN FRANCISCO, CA · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Ironclad, Inc. reported $107,382 in plan administrative expenses for 2024: 0.37% of average plan assets, above the peer median. 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 0.35% to 0.37%. 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 2,433rd-largest of 9,483 plans among California employers on file, and the 3,769th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$34,156,233
Participants with balances538
Active participants483
Employer contributions$0
Employee contributions$6,878,334
Employer contribution per active participant$0
Average account balance$63,487
Benefits paid to participants$3,395,527
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$34.2M · 538 accts
2023$23.6M · 456 accts
2022$12.8M · 434 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$66,633
Investment management$40,749
Total administrative$107,382
The Ironclad, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

Ironclad, 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$66,633
SILICON VALLEY RETIREMENT SERVICES · Investment advisory (plan)$36,859

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$107,382 · 0.37%
2023$69,891 · 0.38%
2022$36,855 · 0.35%
Same employer
Similar plansProfessional & Technical Services · California
Saama Technologies, LLC CA$34.3M · 0.18%
Anthropic Pbc CA$34.3M · 0.08%
Fate Therapeutics, Inc. CA$34.3M · 0.40%
Synoptek, LLC CA$34.2M · 0.41%
Color Health, Inc. CA$34.1M · 0.13%
Alector LLC CA$33.9M · 0.04%
View, Inc. CA$33.9M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 471693307 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.