Plan Ledger DOL Form 5500 · updated monthly

Mercari, Inc.401(k)

MERCARI, INC. RETIREMENT TRUST · PALO ALTO, CA · plan year 2025

Reported admin expense ratio · 2025
0.02%

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

Mercari, Inc. reported $3,605 in plan administrative expenses for 2025: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,345 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 fell from 0.03% to 0.02%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other professional & technical services employers. By assets it is the 3,129th-largest of 9,483 plans among California employers on file, and the 4,791st of 11,654 in professional & technical services. In 2025, employees put in $3.74 for every $1.00 the employer contributed; active participation has shrunk from 297 to 95 since 2022.

Plan summary
Net assets, end of year$24,773,883
Participants with balances249
Active participants95
Employer contributions$412,777
Employee contributions$1,542,476
Employer contribution per active participant$4,345
Average account balance$99,494
Benefits paid to participants$3,286,919
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$24.8M · 249 accts · $413K emplr
2024$22.2M · 283 accts · $789K emplr
2023$18.1M · 336 accts · $966K emplr
2022$12.2M · 341 accts · $1.2M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$3,605
Total administrative$3,605
The Mercari, Inc. 401(k) match · 2025
Employer contribution per active participant$4,345
Median for plans this size$2,666
2025$4,345 per active participant
2024$7,975 per active participant
2023$4,578 per active participant
2022$3,950 per active participant

Mercari, Inc.'s 2025 employer contribution ran above the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20251
ADP, INC. · Recordkeeping · Loan processing$3,605

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

Recordkeeper by year3
2025ADP
2024ADP
2023ADP

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history4
2025$3,605 · 0.02%
2024$3,756 · 0.02%
2023$3,301 · 0.02%
2022$3,572 · 0.03%
Same employer
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Ubeo West Region LLC CA$24.9M · 0.48%
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Source: U.S. Department of Labor, Form 5500 series, EIN 464549955 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.