Plan Ledger DOL Form 5500 · updated monthly

Newrocket401(k)

HIGHMETRIC EMPLOYEES 401(K) SAVINGS & INVESTMENT PLAN · VISTA, CA · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Newrocket reported $21,065 in plan administrative expenses for 2024: 0.14% of average plan assets, below the peer median. Employer contributions averaged $5,487 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 0.21% to 0.14%. 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 4,179th-largest of 9,483 plans among California employers on file, and 6,293rd of 11,654 in professional & technical services. In 2024, employees put in $2.20 for every $1.00 the employer contributed; active participation has shrunk from 264 to 152 since 2022.

Plan summary
Net assets, end of year$16,242,213
Participants with balances202
Active participants152
Employer contributions$833,982
Employee contributions$1,832,548
Employer contribution per active participant$5,487
Average account balance$80,407
Benefits paid to participants$3,440,644
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI
Plan history3
Yearassets · accounts · employer contribution
2024$16.2M · 202 accts · $834K emplr
2023$14.3M · 230 accts · $1.0M emplr
2022$11.9M · 258 accts · $753K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,946
Investment management$119
Total administrative$21,065
The Newrocket 401(k) match · 2024
Employer contribution per active participant$5,487
Median for plans this size$2,416
2024$5,487 per active participant
2023$5,091 per active participant
2022$2,852 per active participant

Newrocket'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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$10,945
MERCER · Consulting$10,000

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$21,065 · 0.14%
2023$21,536 · 0.16%
2022$23,844 · 0.21%
Same employer
Similar plansProfessional & Technical Services · California
Integrits Corporation CA$16.4M · 0.67%
Spokeo, Inc. CA$16.4M · 0.07%
Groq, Inc. CA$16.4M · 0.19%
Dnanexus, Inc. CA$16.3M · 0.31%
One, Inc. CA$16.2M · 0.25%
Hanwha Q Cells USA Corp. CA$16.2M · 0.24%
Symvionics, Inc. CA$16.1M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 475144539 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.