Plan Ledger DOL Form 5500 · updated monthly

Multiplier401(k)

MULTIPLIER 401(K) PLAN · SAN FRANCISCO, CA · plan year 2024

Reported admin expense ratio · 2024
0.47%

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

Multiplier reported $24,884 in plan administrative expenses for 2024: 0.47% of average plan assets, below the peer median. Employer contributions averaged $5,128 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 0.14% to 0.47%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in California (6,474th of 9,483), and 2,069th of 3,341 in other services. In 2024, employees put in $2.24 for every $1.00 the employer contributed; active participation has shrunk from 188 to 128 since 2022.

Plan summary
Net assets, end of year$6,564,826
Participants with balances256
Active participants128
Employer contributions$656,423
Employee contributions$1,471,618
Employer contribution per active participant$5,128
Average account balance$25,644
Benefits paid to participants$518,831
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.6M · 256 accts · $656K emplr
2023$4.1M · 316 accts · $531K emplr
2022$1.8M · 232 accts · $437K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,884
Total administrative$24,884
The Multiplier 401(k) match · 2024
Employer contribution per active participant$5,128
Median for plans this size$1,313
2024$5,128 per active participant
2023$2,984 per active participant
2022$2,326 per active participant

Multiplier'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 · 20242
BOULDER PENSION CONSULTING, LLC$24,884
CHARLES SCHWAB & CO., INC. · Securities brokerageindirect comp

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$24,884 · 0.47%
2023$10,839 · 0.36%
2022$2,450 · 0.14%
Similar plansOther Services · California
National Asset Direct CA$6.6M · 0.66%
Stay Green, Inc. CA$6.3M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 912166435 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.