Plan Ledger DOL Form 5500 · updated monthly

Netdocuments Software, Inc.401(k)

NETDOCUMENTS SOFTWARE, INC. 401(K) PLAN · LEHI, UT · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

Netdocuments Software, Inc. reported $92,683 in plan administrative expenses for 2024: 0.48% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,077 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 has held roughly steady near 0.48%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 281st-largest of 848 plans among Utah employers on file, and the 968th of 2,199 in information & media. In 2024, employees put in $2.06 for every $1.00 the employer contributed; active participation has grown from 302 to 374 since 2022.

Plan summary
Net assets, end of year$21,942,898
Participants with balances364
Active participants374
Employer contributions$1,524,669
Employee contributions$3,141,745
Employer contribution per active participant$4,077
Average account balance$60,283
Benefits paid to participants$2,884,250
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$21.9M · 364 accts · $1.5M emplr
2023$16.5M · 324 accts · $1.4M emplr
2022$10.0M · 252 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$44,193
Investment management$48,490
Total administrative$92,683
The Netdocuments Software, Inc. 401(k) match · 2024
Employer contribution per active participant$4,077
Median for plans this size$2,416
2024$4,077 per active participant
2023$4,287 per active participant
2022$3,867 per active participant

Netdocuments Software, Inc.'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
SQUIRE WEALTH ADVISORS · Investment advisory (plan)$48,490
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$44,193

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$92,683 · 0.48%
2023$69,612 · 0.53%
2022$43,848 · 0.49%
Same employer
Similar plansInformation & Media · Utah
Mx Technologies, Inc. UT$45.9M · 0.30%
Taxhawk, Inc. UT$36.5M · 0.36%
Lightspeeddms LLC UT$24.8M · 0.07%
Sundance Institute UT$19.2M · 0.35%
Metasource, LLC UT$16.1M · 0.74%

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Source: U.S. Department of Labor, Form 5500 series, EIN 870551580 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.