Plan Ledger DOL Form 5500 · updated monthly

Nantworks, LLC401(k)

NANTWORKS, LLC RETIREMENT PLAN · EL SEGUNDO, CA · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Nantworks, LLC reported $87,683 in plan administrative expenses for 2024: 0.08% of average plan assets, below the peer median. Employer contributions averaged $2,483 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 4 years on file its reported administrative ratio rose from 0.05% to 0.08%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other management of companies employers. By assets it is the 856th-largest of 9,483 plans among California employers on file, and the 186th of 786 in management of companies. In 2024, employees put in $3.91 for every $1.00 the employer contributed; active participation has shrunk from 922 to 659 since 2020.

Plan summary
Net assets, end of year$122,016,682
Participants with balances1,205
Active participants659
Employer contributions$1,636,287
Employee contributions$6,393,651
Employer contribution per active participant$2,483
Average account balance$101,259
Benefits paid to participants$14,646,547
Plan auditUnmodified (clean) audit opinion
Plan history5
Yearassets · accounts · employer contribution
2024$122.0M · 1,205 accts · $1.6M emplr
2023$111.7M · 1,283 accts · $1.6M emplr
2022$96.5M · 1,382 accts · $1.5M emplr
2021$114.0M · 1,152 accts · $1.4M emplr
2020$117.2M · 1,438 accts · $2.5M emplr
Administrative expenses, itemized · 2024
Investment management$172,266
Audit (IQPA)$3,689
Total administrative$87,683
The Nantworks, LLC 401(k) match · 2024
Employer contribution per active participant$2,483
Median for plans this size$3,635
2024$2,483 per active participant
2023$2,423 per active participant
2022$1,914 per active participant
2021$1,520 per active participant
2020$2,697 per active participant

Nantworks, LLC's 2024 employer contribution ran below the $3,635 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.

Administrative cost history5
2024$87,683 · 0.08%
2023$22,975 · 0.02%
2022$30,961 · 0.03%
2021$60,336 · 0.05%
2020$54,171 · 0.05%
Same employer
Similar plansManagement of Companies · California
Platinum Equity, LLC CA$313.1M · 0.03%
Kyocera International, Inc. CA$273.9M · 0.03%
Hoya Holdings, Inc. CA$173.4M · 0.29%
Meruelo Group LLC CA$124.5M · 0.19%
Fernandez Holdings, Inc. CA$121.4M · 0.53%
Data Analysis, Inc. CA$102.3M · 0.06%
Wendy Mulhall CA$100.6M · 0.14%
Meruelo Enterprises, Inc. CA$87.9M · 0.46%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 364694712 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.