Plan Ledger DOL Form 5500 · updated monthly

Neudesic, LLC401(k)

NEUDESIC, LLC 401(K) PROFIT SHARING PLAN · IRVINE, CA · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Neudesic, LLC reported $207,027 in plan administrative expenses for 2024: 0.42% of average plan assets, above the peer median. Employer contributions averaged $2 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 0.416%. 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 1,670th-largest of 9,483 plans among California employers on file, and the 2,600th of 11,654 in professional & technical services. In 2024, employees put in $6975.32 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$53,997,799
Participants with balances832
Active participants612
Employer contributions$1,067
Employee contributions$7,442,668
Employer contribution per active participant$2
Average account balance$64,901
Benefits paid to participants$6,767,295
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$54.0M · 832 accts · $1K emplr
2023$45.5M · 869 accts · $1.8M emplr
2022$35.3M · 836 accts · $794K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$207,027
Total administrative$207,027
The Neudesic, LLC 401(k) match · 2024
Employer contribution per active participant$2
Median for plans this size$2,416
2024$2 per active participant
2023$2,664 per active participant
2022$1,197 per active participant

Neudesic, LLC's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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
JOHN HANCOCK USA · Recordkeeping · Loan processingindirect comp
INDEPENDENT CAPITAL · Investment management$99,165
ASCENSUS · Contract administrator$10,050

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$207,027 · 0.42%
2023$173,694 · 0.43%
2022$154,058 · 0.42%
Same employer
Similar plansProfessional & Technical Services · California
Berliner Cohen, LLP CA$54.1M · 0.07%
Sigma Defense Systems, LLC CA$53.9M · 0.21%
Lyra Health, Inc. CA$53.8M · 0.03%
Ware Malcomb CA$53.7M · 0.34%
Verkada, Inc. CA$53.4M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421528382 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.