Plan Ledger DOL Form 5500 · updated monthly

Neuralink Corp.401(k)

NEURALINK CORP. 401(K) PROFIT SHARING PLAN AND TRUST · FREMONT, CA · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Neuralink Corp. reported $4,381 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4 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 0.17% to 0.04%. 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 among the smaller plans on file in California (4,792nd of 9,483), and 7,128th of 11,654 in professional & technical services. In 2024, employees put in $2037.75 for every $1.00 the employer contributed; active participation has grown from 274 to 309 since 2022.

Plan summary
Net assets, end of year$12,889,483
Participants with balances336
Active participants309
Employer contributions$1,205
Employee contributions$2,455,489
Employer contribution per active participant$4
Average account balance$38,362
Benefits paid to participants$1,220,306
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.9M · 336 accts · $1K emplr
2023$9.2M · 316 accts
2022$5.4M · 273 accts · $20K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,381
Total administrative$4,381
The Neuralink Corp. 401(k) match · 2024
Employer contribution per active participant$4
Median for plans this size$2,416
2024$4 per active participant
2022$73 per active participant

Neuralink Corp.'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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$4,381

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$4,381 · 0.04%
2023$4,318 · 0.06%
2022$7,906 · 0.17%
Same employer
Similar plansProfessional & Technical Services · California
Blackstone Technology Group CA$13.1M · 0.45%
Ccof, Inc. CA$13.0M · 0.35%
Exadel, Inc. CA$12.9M · 0.04%
Wiser Solutions, Inc. CA$12.9M · 0.29%
Veterans Ez Info, Inc. CA$12.8M · 0.37%
Grid Alternatives, Inc. CA$12.8M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 813312960 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.