Plan Ledger DOL Form 5500 · updated monthly

Meltwater News US, Inc.401(k)

MELTWATER NEWS US INC. 401(K) PLAN · REDWOOD CITY, CA · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Meltwater News US, Inc. reported $145,357 in plan administrative expenses for 2024: 0.27% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,270 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 0.39% to 0.27%. 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 1,510th-largest of 9,483 plans among California employers on file, and the 450th of 2,199 in information & media. In 2024, employees put in $6.16 for every $1.00 the employer contributed; active participation has grown from 648 to 862 since 2022.

Plan summary
Net assets, end of year$60,995,140
Participants with balances858
Active participants862
Employer contributions$1,094,619
Employee contributions$6,743,550
Employer contribution per active participant$1,270
Average account balance$71,090
Benefits paid to participants$4,414,838
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$61.0M · 858 accts · $1.1M emplr
2023$48.6M · 898 accts · $1.1M emplr
2022$36.8M · 856 accts · $973K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$89,837
Investment management$55,520
Total administrative$145,357
The Meltwater News US, Inc. 401(k) match · 2024
Employer contribution per active participant$1,270
Median for plans this size$3,635
2024$1,270 per active participant
2023$1,273 per active participant
2022$1,502 per active participant

Meltwater News US, Inc.'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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$89,837
NEWFRONT RETIREMENT SERVICES INC · Investment advisory (plan)$55,520

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$145,357 · 0.27%
2023$122,057 · 0.29%
2022$149,080 · 0.39%
Same employer
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Ripple Labs, Inc. CA$65.0M · 0.12%
Intermedia.Net, Inc. CA$62.9M · 0.05%
Chronicle Books, LLC CA$60.7M · 0.15%
On 24, Inc CA$59.4M · 0.00%
Grammarly, Inc. CA$58.9M · 0.09%
Sag Aftra CA$58.1M

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Source: U.S. Department of Labor, Form 5500 series, EIN 208289528 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.