Plan Ledger DOL Form 5500 · updated monthly

Lacework, Inc.401(k)

LACEWORK, INC. RETIREMENT SAVINGS PLAN · MOUNTAIN VIEW, CA · plan year 2023

Reported admin expense ratio · 2023
0.24%

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

Lacework, Inc. reported $110,403 in plan administrative expenses for 2023: 0.24% of average plan assets, below the peer median. Employer contributions averaged $9,518 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 fell from 0.31% to 0.27%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,600th-largest of 9,483 plans among California employers on file, and the 2,485th of 11,654 in professional & technical services. In 2023, employees put in $2.41 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$56,681,293
Participants with balances858
Active participants564
Employer contributions$5,368,132
Employee contributions$12,932,832
Employer contribution per active participant$9,518
Average account balance$66,062
Benefits paid to participants$9,690,000
Plan auditUnmodified (clean) audit opinion
AuditorSILICON VALLEY ACCOUNTANCY CORPORAT
Plan history3
Yearassets · accounts · employer contribution
2024$635K · 4 accts · $400K emplr
2023$56.7M · 858 accts · $5.4M emplr
2022$34.6M · 848 accts · $5.3M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$79,112
Investment management$20,761
Audit (IQPA)$10,530
Total administrative$110,403
The Lacework, Inc. 401(k) match · 2023
Employer contribution per active participant$9,518
Median for plans this size$2,440
2023$9,518 per active participant
2022$8,669 per active participant

Lacework, Inc.'s 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$79,212
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$20,761
SILICON VALLEY ACCOUNTANCY CORP., · Accounting / audit$10,530

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$77,363 · 0.27%
2023$110,403 · 0.24%
2022$87,396 · 0.31%
Same employer
Similar plansProfessional & Technical Services · California
Altos Labs, Inc. CA$57.2M · 0.10%
Macias Gini & O'Connell LLP CA$57.1M · 0.18%
Adenza, Inc. CA$56.9M · 0.20%
Ncc Group Inc. CA$56.5M · 0.04%
Marketcast LLC CA$56.3M · 0.31%
Albert a. Webb Associates CA$56.2M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 472042554 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.