Plan Ledger DOL Form 5500 · updated monthly

Pensando Systems, Inc.401(k)

PENSANDO SYSTEMS, INC. 401(K) PLAN · MILPITAS, CA · plan year 2022

Reported admin expense ratio · 2022
0.09%

Pensando Systems, Inc. reported $9,160 in plan administrative expenses for 2022: 0.09% 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 $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in California (6,872nd of 9,483), and 9,644th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$5,405,961
Participants with balances77
Active participants50
Employer contributions—
Employee contributions$2,084,243
Employer contribution per active participant—
Average account balance$70,207
Benefits paid to participants$10,128,038
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$5.4M · 77 accts
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$9,160 · 0.09%
Similar plansProfessional & Technical Services · California
Finix Payments, Inc. CA$5.5M · 0.15%
Secureframe Inc CA$5.4M · 0.14%
Inkling Systems, Inc. CA$5.4M · 0.49%
Sendbird, Inc CA$5.4M · 0.02%
Firstlayerai, Inc. CA$5.3M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 814741806 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.