Plan Ledger DOL Form 5500 · updated monthly

Leantaas, Inc.401(k)

LEANTAAS 401(K) SAVINGS PLAN · SANTA CLARA, CA · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Leantaas, Inc. reported $126,620 in plan administrative expenses for 2024: 0.44% of average plan assets, above the peer median. Employer contributions averaged $3,535 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 0.39% to 0.44%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 2,459th-largest of 9,483 plans among California employers on file, and the 718th of 2,199 in information & media. In 2024, employees put in $3.89 for every $1.00 the employer contributed; active participation has grown from 292 to 379 since 2022.

Plan summary
Net assets, end of year$33,752,343
Participants with balances446
Active participants379
Employer contributions$1,339,862
Employee contributions$5,217,534
Employer contribution per active participant$3,535
Average account balance$75,678
Benefits paid to participants$2,723,875
Plan auditUnmodified (clean) audit opinion
AuditorFRANK RIMERMAN CO LLP
Plan history3
Yearassets · accounts · employer contribution
2024$33.8M · 446 accts · $1.3M emplr
2023$24.3M · 410 accts · $1.4M emplr
2022$13.0M · 325 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$62,645
Investment management$63,975
Total administrative$126,620
The Leantaas, Inc. 401(k) match · 2024
Employer contribution per active participant$3,535
Median for plans this size$2,416
2024$3,535 per active participant
2023$4,062 per active participant
2022$3,496 per active participant

Leantaas, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size. 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$62,645
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$56,067
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$7,908

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$126,620 · 0.44%
2023$81,728 · 0.44%
2022$45,954 · 0.39%
Same employer
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Gainsight, Inc. CA$34.0M · 0.07%
Pearce Services, LLC CA$33.6M · 0.62%
Catamorphic Co. CA$33.1M · 0.31%
Centric Software, Inc. CA$33.0M · 0.15%
Wealthfront Corporation CA$32.9M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 272113973 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.