Plan Ledger DOL Form 5500 · updated monthly

Nylas, Inc.401(k)

NYLAS, INC. 401(K) PLAN · PALO ALTO, CA · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Nylas, Inc. reported $10,113 in plan administrative expenses for 2024: 0.13% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,227 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 rose from 0.11% to 0.13%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in California (6,031st of 9,483), and 8,714th of 11,654 in professional & technical services. In 2024, employees put in $2.82 for every $1.00 the employer contributed; active participation has shrunk from 136 to 50 since 2022.

Plan summary
Net assets, end of year$7,935,937
Participants with balances136
Active participants50
Employer contributions$361,338
Employee contributions$1,017,283
Employer contribution per active participant$7,227
Average account balance$58,352
Benefits paid to participants$2,270,657
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.9M · 136 accts · $361K emplr
2023$7.5M · 160 accts · $444K emplr
2022$6.5M · 309 accts · $706K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,720
Investment management$6,393
Total administrative$10,113
The Nylas, Inc. 401(k) match · 2024
Employer contribution per active participant$7,227
Median for plans this size$1,313
2024$7,227 per active participant
2023$5,478 per active participant
2022$5,192 per active participant

Nylas, Inc.'s 2024 employer contribution ran above the $1,313 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
GUIDELINE, INC. · Plan administrator · Recordkeeping$9,272
BENEFIT TRUST COMPANY · Custodial · Custodial (securities)indirect comp

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

Recordkeeper by year2
2024Guideline
2023Guideline

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

Administrative cost history3
2024$10,113 · 0.13%
2023$9,305 · 0.13%
2022$6,122 · 0.11%
Similar plansProfessional & Technical Services · California
Medialab.Ai, Inc CA$8.0M · 0.13%
Asm Affiliates, Inc CA$8.0M · 0.74%
Bugcrowd Inc. CA$7.9M · 0.14%
Virtana CA$7.9M · 0.20%
Safework, Inc. CA$7.9M · 0.76%

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Source: U.S. Department of Labor, Form 5500 series, EIN 463466597 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.