Plan Ledger DOL Form 5500 · updated monthly

Passivelogic, Inc.401(k)

PASSIVELOGIC 401(K) PLAN · HOLLADAY, UT · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Passivelogic, Inc. reported $3,166 in plan administrative expenses for 2024: 0.15% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Utah (719th of 848), and 12,522nd of 13,661 in manufacturing.

Plan summary
Net assets, end of year$2,565,195
Participants with balances134
Active participants112
Employer contributions$0
Employee contributions$713,047
Employer contribution per active participant$0
Average account balance$19,143
Benefits paid to participants$244,790
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,576
Investment management$1,590
Total administrative$3,166
The Passivelogic, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Passivelogic, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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.

Administrative cost history1
2024$3,166 · 0.15%
Same employer
Similar plansManufacturing · Utah
Handstands Promo, LLC UT$3.5M · 0.54%
Ust, LLC UT$3.3M · 0.24%
Uinta Brewing Company UT$2.6M · 0.83%
Kenect, LLC UT$2.5M · 1.13%
R-Zero Systems, Inc. UT$2.4M · 0.06%
Blendtec, Inc UT$2.1M · 0.98%

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Source: U.S. Department of Labor, Form 5500 series, EIN 811668888 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.