Plan Ledger DOL Form 5500 · updated monthly

Neurelis, Inc.401(k)

NEURELIS 401(K) PLAN · SAN DIEGO, CA · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Neurelis, Inc. reported $38,735 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $4,872 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 0.47% to 0.34%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 4,513th-largest of 9,483 plans among California employers on file, and 7,313th of 13,661 in manufacturing. In 2024, employees put in $3.71 for every $1.00 the employer contributed; active participation has grown from 144 to 174 since 2022.

Plan summary
Net assets, end of year$14,243,756
Participants with balances211
Active participants174
Employer contributions$847,648
Employee contributions$3,141,556
Employer contribution per active participant$4,872
Average account balance$67,506
Benefits paid to participants$953,109
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.2M · 211 accts · $848K emplr
2023$8.8M · 196 accts · $434 emplr
2022$4.9M · 160 accts · $162 emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,735
Total administrative$38,735
The Neurelis, Inc. 401(k) match · 2024
Employer contribution per active participant$4,872
Median for plans this size$2,416
2024$4,872 per active participant
2023$2 per active participant
2022$1 per active participant

Neurelis, Inc.'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 · 20244
THE VANGUARD GROUP, INC. · Recordkeeping$2,318
ASCENSUS LLC · Recordkeepingindirect comp
RESOURCES INVEST. ADVISORS · Investment advisory (plan)$36,642
PREMIER PLAN CONSULTANTS · Contract administrator$2,025

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

Recordkeeper by year2
2024Ascensus, Vanguard
2023Ascensus, Vanguard

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Administrative cost history3
2024$38,735 · 0.34%
2023$32,277 · 0.47%
2022$19,995 · 0.47%
Same employer
Similar plansManufacturing · California
Tri Tool Inc. CA$14.4M · 0.07%
Maxeon Americas, Inc. CA$14.3M · 0.04%
Cb Nichols Egg Ranch CA$14.3M · 0.54%
Parco, LLC CA$14.2M · 0.20%
Axiom Technology, Inc. CA$14.2M · 0.41%
Prestige Mold Incorporated CA$14.2M · 0.01%
Industrial Dynamics Co. LTD CA$14.2M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261173778 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.