Plan Ledger DOL Form 5500 · updated monthly

Observe, Inc.401(k)

OBSERVE, INC. 401(K) PLAN · SAN MATEO, CA · plan year 2024

Reported admin expense ratio · 2024
0.03%

Observe, Inc. reported $2,055 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. 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.

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 (5,727th of 9,483), and 8,314th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$9,031,632
Participants with balances175
Active participants162
Employer contributions—
Employee contributions$2,418,613
Employer contribution per active participant—
Average account balance$51,609
Benefits paid to participants$697,794
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,055
Total administrative$2,055
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
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$2,055

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

Administrative cost history1
2024$2,055 · 0.03%
Same employer
Similar plansProfessional & Technical Services · California
Smartrecruiters, Inc. CA$9.1M · 0.28%
Ixsystems, Inc. CA$9.0M · 0.64%
Monkey Inferno, Inc. CA$9.0M · 0.28%
Recode Therapeutics, Inc. CA$9.0M · 0.24%
Onboardiq, Inc CA$9.0M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 822958218 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.