Plan Ledger DOL Form 5500 · updated monthly

Notion Labs, Inc.401(k)

NOTION LABS, INC. 401(K) PLAN · SAN FRANCISCO, CA · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Notion Labs, Inc. reported $25,711 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,656 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 0.46% to 0.06%. 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 1,713th-largest of 9,483 plans among California employers on file, and the 2,670th of 11,654 in professional & technical services. In 2024, employees put in $2.38 for every $1.00 the employer contributed; active participation has grown from 357 to 660 since 2022.

Plan summary
Net assets, end of year$52,212,516
Participants with balances744
Active participants660
Employer contributions$4,393,277
Employee contributions$10,474,540
Employer contribution per active participant$6,656
Average account balance$70,178
Benefits paid to participants$2,434,214
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$52.2M · 744 accts · $4.4M emplr
2023$27.9M · 434 accts · $3.1M emplr
2022$11.1M · 360 accts · $1.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,680
Investment management$4,031
Total administrative$25,711
The Notion Labs, Inc. 401(k) match · 2024
Employer contribution per active participant$6,656
Median for plans this size$2,416
2024$6,656 per active participant
2023$8,093 per active participant
2022$5,183 per active participant

Notion Labs, 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$21,680

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$25,711 · 0.06%
2023$23,582 · 0.12%
2022$37,260 · 0.46%
Same employer
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Gehry Partners, LLP CA$53.2M · 0.00%
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Higgs, Fletcher & Mack, LLP CA$52.5M · 0.06%
Trailer Park, Inc. CA$52.0M · 0.19%
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Source: U.S. Department of Labor, Form 5500 series, EIN 455580473 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.