Plan Ledger DOL Form 5500 · updated monthly

Matonee Inc401(k)

APTOS LABS 401(K) PLAN · PALO ALTO, CA · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Matonee Inc reported $8,995 in plan administrative expenses for 2024: 0.18% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,851 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in California (6,471st of 9,483), and 9,177th of 11,654 in professional & technical services. In 2024, employees put in $3.04 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,574,586
Participants with balances158
Active participants132
Employer contributions$640,268
Employee contributions$1,949,327
Employer contribution per active participant$4,851
Average account balance$41,611
Benefits paid to participants$189,533
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$75
Investment management$8,920
Total administrative$8,995
The Matonee Inc 401(k) match · 2024
Employer contribution per active participant$4,851
Median for plans this size$1,313

Matonee Inc's 2024 employer contribution ran above the $1,313 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 · 20241
BETTERMENT FOR BUSINESS, LLC · Investment advisory (plan)$8,995

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

Administrative cost history1
2024$8,995 · 0.18%
Same employer
Similar plansProfessional & Technical Services · California
Incorta, Inc. CA$6.6M · 0.47%
Arcules, Inc. CA$6.6M · 0.49%
Embark Trucks, Inc. CA$6.6M · 0.11%
Buddha Jones, LLC CA$6.5M · 0.69%
Gar Laboratories, Inc. CA$6.5M · 0.43%
Genesee Scientific, LLC CA$6.5M · 0.95%

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Source: U.S. Department of Labor, Form 5500 series, EIN 873858539 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.