Plan Ledger DOL Form 5500 · updated monthly

Pathway Capital Management, LP401(k)

PATHWAY CAPITAL MANAGEMENT SALARY SAVINGS PLAN · IRVINE, CA · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Pathway Capital Management, LP reported $45,055 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $6,564 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 0.13% to 0.07%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 1,380th-largest of 9,483 plans among California employers on file, and the 1,344th of 4,798 in finance & insurance. In 2024, employees put in $2.59 for every $1.00 the employer contributed; active participation has grown from 211 to 239 since 2022.

Plan summary
Net assets, end of year$66,779,481
Participants with balances304
Active participants239
Employer contributions$1,568,814
Employee contributions$4,059,578
Employer contribution per active participant$6,564
Average account balance$219,669
Benefits paid to participants$2,133,591
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$66.8M · 304 accts · $1.6M emplr
2023$53.4M · 291 accts · $1.6M emplr
2022$40.7M · 252 accts · $960K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$45,055
Total administrative$45,055
The Pathway Capital Management, LP 401(k) match · 2024
Employer contribution per active participant$6,564
Median for plans this size$3,635
2024$6,564 per active participant
2023$6,893 per active participant
2022$4,550 per active participant

Pathway Capital Management, LP's 2024 employer contribution ran above the $3,635 median for plans its size. 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$45,055

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$45,055 · 0.07%
2023$43,836 · 0.09%
2022$56,654 · 0.13%
Same employer
Similar plansFinance & Insurance · California
Provident Credit Union CA$67.2M · 0.12%
Brex Inc. CA$66.7M · 0.08%
Westamerica Bancorporation CA$66.5M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954299348 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.