Plan Ledger DOL Form 5500 · updated monthly

Pendo.Io, Inc.401(k)

PENDO.IO, INC. RETIREMENT PLAN · RALEIGH, NC · plan year 2024

Employer contribution per participant · 2024
$2,199

Pendo.Io, Inc.'s 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $53,428,555 across 1,130 participant accounts, with employer contributions averaging $2,199 per active participant. See methodology for what Form 5500 does and doesn't capture.

Across the 2 years on file its reported administrative ratio has held roughly steady near 0.281%. 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 352nd-largest of 2,005 plans among North Carolina employers on file, and the 2,625th of 11,654 in professional & technical services. In 2024, employees put in $5.95 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$53,428,555
Participants with balances1,130
Active participants660
Employer contributions$1,451,617
Employee contributions$8,639,715
Employer contribution per active participant$2,199
Average account balance$47,282
Benefits paid to participants$5,522,064
Plan auditUnmodified (clean) audit opinion
AuditorROMEO, WIGGINS & COMPANY, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$53.4M · 1,130 accts · $1.5M emplr
2023$38.5M · 758 accts · $1.4M emplr
2022$25.4M · 817 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Investment management$95,188
Total administrative-$11,300
The Pendo.Io, Inc. 401(k) match · 2024
Employer contribution per active participant$2,199
Median for plans this size$2,416
2024$2,199 per active participant
2023$2,559 per active participant
2022$2,319 per active participant

Pendo.Io, Inc.'s 2024 employer contribution ran below the $2,416 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.

Service providers · 20243
PENSIONMARK FINANCIAL GROUP LLC · Investment advisory (plan)$75,361
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$19,827

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

Administrative cost history3
2024Not separately reported
2023$89,666 · 0.28%
2022$62,725 · 0.28%
Same employer
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Blueally Technology LLC NC$56.8M · 0.28%
Digital Turbine Inc. NC$55.4M · 0.23%
Market America, Inc. NC$52.8M · 0.09%
Johnson Lambert LLP NC$50.1M · 0.05%
Phreesia, Inc. NC$49.9M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 463519724 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.