Plan Ledger DOL Form 5500 · updated monthly

Performant Financial Corporation401(k)

PERFORMANT 401K PLAN · LIVERMORE, CA · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Performant Financial Corporation reported $15,351 in plan administrative expenses for 2024: 0.04% 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.

Across the 2 years on file its reported administrative ratio fell from 0.09% to 0.04%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 1,913th-largest of 9,483 plans among California employers on file, and the 327th of 2,534 in administrative & support services.

Plan summary
Net assets, end of year$45,397,245
Participants with balances1,285
Active participants968
Employer contributions$0
Employee contributions$3,710,213
Employer contribution per active participant$0
Average account balance$35,329
Benefits paid to participants$4,401,983
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$45.4M · 1,285 accts
2023$39.3M · 1,318 accts
2022$32.2M · 1,372 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,164
Investment management$12,187
Total administrative$15,351
The Performant Financial Corporation 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

Performant Financial Corporation's 2024 employer contribution ran below the $2,416 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.

Service providers · 20242
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$12,187
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$3,457

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$15,351 · 0.04%
2023Not separately reported
2022$31,729 · 0.09%
Same employer
Similar plansAdministrative & Support Services · California
Ati Payroll Services, LLC CA$55.6M · 0.25%
Family Tree Service, Inc. CA$46.6M · 0.04%
Cr&R Incorporated CA$46.0M · 0.33%
E.J.Harrison & Sons, Inc. CA$45.8M · 0.35%
Chipton-Ross, Inc. CA$44.4M · 0.31%
Backroads, Inc. CA$44.1M · 0.02%
Travel Store, Inc. CA$43.0M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 942370483 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.