Plan Ledger DOL Form 5500 · updated monthly

Kaseya US, LLC401(k)

KASEYA 401(K) PROFIT SHARING PLAN · MIAMI, FL · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Kaseya US, LLC reported $499,832 in plan administrative expenses for 2024: 0.35% of average plan assets, higher than ~90% 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 0.353%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other information & media employers. By assets it is the 243rd-largest of 3,644 plans among Florida employers on file, and the 244th of 2,199 in information & media. active participation has grown from 1,285 to 2,342 since 2022.

Plan summary
Net assets, end of year$143,698,112
Participants with balances3,176
Active participants2,342
Employer contributions$0
Employee contributions$13,748,346
Employer contribution per active participant$0
Average account balance$45,245
Benefits paid to participants$29,330,165
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$143.7M · 3,176 accts
2023$139.2M · 3,358 accts · $3K emplr
2022$28.9M · 1,327 accts · $89 emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$109,434
Investment management$324,186
Audit (IQPA)$4,675
Total administrative$499,832
The Kaseya US, LLC 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$3,635
2023$1 per active participant
2022$0 per active participant

Kaseya US, LLC's 2024 employer contribution ran below the $3,635 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 · 20244
NEWPORT CAPITAL GROUP · Investment advisory (plan)$302,943
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$109,434
THOMPSON HINE · Legal$61,537
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$21,243

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$499,832 · 0.35%
2023$351,079 · 0.42%
2022$92,089 · 0.35%
Same employer
Similar plansInformation & Media · Florida
Times Publishing Company FL$199.4M · 0.04%
Availity, L.L.C. FL$174.8M · 0.12%
Connectwise, LLC. FL$123.0M · 0.24%
Modernizing Medicine, Inc. FL$114.8M · 0.17%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 460522543 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.