Plan Ledger DOL Form 5500 · updated monthly

Netbase Solutions, Inc.401(k)

NETBASE SOLUTIONS, INC. 401(K) PLAN · SANTA CLARA, CA · plan year 2023

Reported admin expense ratio · 2023
0.26%

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

Netbase Solutions, Inc. reported $42,822 in plan administrative expenses for 2023: 0.26% of average plan assets, below the peer median. Employer contributions averaged $3,607 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 0.04% to 0.36%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is the 3,657th-largest of 9,483 plans among California employers on file, and the 5,580th of 11,654 in professional & technical services. In 2023, employees put in $3.57 for every $1.00 the employer contributed; active participation has shrunk from 180 to 150 since 2022.

Plan summary
Net assets, end of year$19,818,123
Participants with balances253
Active participants150
Employer contributions$541,041
Employee contributions$1,929,010
Employer contribution per active participant$3,607
Average account balance$78,333
Benefits paid to participants$1,401,730
Plan auditUnmodified (clean) audit opinion
AuditorFRANK, RIMERMAN & CO., LLP
Plan history3
Yearassets · accounts · employer contribution
2024$19.4M · 222 accts · $418K emplr
2023$19.8M · 253 accts · $541K emplr
2022$13.1M · 230 accts · $283K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$18,822
Investment management$24,000
Total administrative$42,822
The Netbase Solutions, Inc. 401(k) match · 2023
Employer contribution per active participant$3,607
Median for plans this size$2,440
2024$4,701 per active participant
2023$3,607 per active participant
2022$1,571 per active participant

Netbase Solutions, Inc.'s 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$24,000
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$18,822

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$71,065 · 0.36%
2023$42,822 · 0.26%
2022$5,847 · 0.04%
Same employer
Similar plansProfessional & Technical Services · California
Collins + Collins, LLP CA$20.1M · 0.17%
Arcturus Therapeutics, Inc. CA$19.9M · 0.28%
Stormgeo Corp, Inc. CA$19.9M · 0.39%
A P R Consulting, Inc. CA$19.8M · 0.01%
Invivoscribe, Inc. CA$19.8M · 0.51%
Manson Western, LLC CA$19.8M · 0.54%
B S K Associates CA$19.8M · 0.08%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 043792580 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.