Plan Ledger DOL Form 5500 · updated monthly

Kandji, Inc.401(k)

KANDJI 401(K) PLAN · SAN DIEGO, CA · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Kandji, Inc. reported $23,066 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $7,295 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 1 year on file its reported administrative ratio rose from 0.06% to 0.13%. 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 3,619th-largest of 9,483 plans among California employers on file, and the 5,521st of 11,654 in professional & technical services. In 2024, employees put in $1.98 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,100,980
Participants with balances315
Active participants202
Employer contributions$1,473,549
Employee contributions$2,919,880
Employer contribution per active participant$7,295
Average account balance$63,813
Benefits paid to participants$2,173,928
Plan auditUnmodified (clean) audit opinion
AuditorLUTZ AND COMPANY, PC
Plan history2
Yearassets · accounts · employer contribution
2024$20.1M · 315 accts · $1.5M emplr
2023$14.7M · 312 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,988
Investment management$3,044
Audit (IQPA)$5,034
Total administrative$23,066
The Kandji, Inc. 401(k) match · 2024
Employer contribution per active participant$7,295
Median for plans this size$2,416
2024$7,295 per active participant
2023$6,731 per active participant

Kandji, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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$14,988
LUTZ AND COMPANY, PC · Accounting / audit$5,034

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

Administrative cost history2
2024$23,066 · 0.13%
2023$8,440 · 0.06%
Same employer
Similar plansProfessional & Technical Services · California
Cydcor LLC CA$20.2M · 0.40%
Denodo Technologies Inc CA$20.1M · 0.01%
Gossamer Bio Services, Inc. CA$20.1M · 0.50%
Collins + Collins, LLP CA$20.1M · 0.17%
Arcturus Therapeutics, Inc. CA$19.9M · 0.28%
Stormgeo Corp, Inc. CA$19.9M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 831829857 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.