Plan Ledger DOL Form 5500 · updated monthly

Neil Patel Digital401(k)

NEIL PATEL DIGITAL 401(K) PLAN · LAS VEGAS, NV · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Neil Patel Digital reported $50,616 in plan administrative expenses for 2024: 0.42% of average plan assets, above the peer median. Employer contributions averaged $2,553 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 0.46% to 0.42%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 162nd-largest of 437 plans among Nevada employers on file, and 6,925th of 11,654 in professional & technical services. In 2024, employees put in $2.48 for every $1.00 the employer contributed; active participation has shrunk from 354 to 281 since 2022.

Plan summary
Net assets, end of year$13,620,214
Participants with balances355
Active participants281
Employer contributions$717,296
Employee contributions$1,778,526
Employer contribution per active participant$2,553
Average account balance$38,367
Benefits paid to participants$1,416,887
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.6M · 355 accts · $717K emplr
2023$10.3M · 339 accts · $682K emplr
2022$8.0M · 358 accts · $702K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,335
Investment management$46,281
Total administrative$50,616
The Neil Patel Digital 401(k) match · 2024
Employer contribution per active participant$2,553
Median for plans this size$2,416
2024$2,553 per active participant
2023$2,259 per active participant
2022$1,984 per active participant

Neil Patel Digital's 2024 employer contribution ran above the $2,416 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.

Service providers · 20242
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$4,335
RESOURCES INVESTMENT ADVISORS. · Investment advisory (plan)$46,281

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$50,616 · 0.42%
2023$41,091 · 0.45%
2022$31,972 · 0.46%
Same employer
Similar plansProfessional & Technical Services · Nevada
Steelman Partners, LLP NV$14.6M · 0.47%
Fiume Capital NV$13.4M · 0.01%
B&R Global Services LLC NV$10.5M · 0.82%

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Source: U.S. Department of Labor, Form 5500 series, EIN 822715243 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.