Plan Ledger DOL Form 5500 · updated monthly

Netease Information Technology Corp.401(k)

NETEASE INFORMATION TECHNOLOGY CORP. RETIREMENT TRUST · IRVINE, CA · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Netease Information Technology Corp. reported $55,170 in plan administrative expenses for 2024: 0.38% of average plan assets, above the peer median. Employer contributions averaged $9,534 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 1 year on file its reported administrative ratio rose from 0.31% to 0.38%. 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 3,674th-largest of 9,483 plans among California employers on file, and the 5,604th of 11,654 in professional & technical services. In 2024, employees put in $1.51 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,731,657
Participants with balances362
Active participants332
Employer contributions$3,165,379
Employee contributions$4,787,392
Employer contribution per active participant$9,534
Average account balance$54,507
Benefits paid to participants$2,159,379
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$19.7M · 362 accts · $3.2M emplr
2023$9.1M · 293 accts · $2.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,340
Investment management$11,355
Audit (IQPA)$5,475
Total administrative$55,170
The Netease Information Technology Corp. 401(k) match · 2024
Employer contribution per active participant$9,534
Median for plans this size$2,416
2024$9,534 per active participant
2023$5,958 per active participant

Netease Information Technology Corp.'s 2024 employer contribution ran above the $2,416 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$38,340
SILICON VALLEY RETIREMENT SERVICES · Investment advisory (plan)$11,355
SILICON VALLEY ACCOUNTANCY CORP · Accounting / audit$5,475

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

Administrative cost history2
2024$55,170 · 0.38%
2023$18,395 · 0.31%
Similar plansProfessional & Technical Services · California
Invivoscribe, Inc. CA$19.8M · 0.51%
Manson Western, LLC CA$19.8M · 0.54%
B S K Associates CA$19.8M · 0.08%
Mirantis, Inc. CA$19.7M · 0.05%
Mineral, Inc. CA$19.6M · 0.01%
Bay Area Legal Aid CA$19.5M · 0.01%
Blue Matter Consulting CA$19.4M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 465765555 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.