Plan Ledger DOL Form 5500 · updated monthly

Picarro, Inc.401(k)

PICARRO, INC. 401(K) PLAN · SANTA CLARA, CA · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Picarro, Inc. reported $102,588 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. Employer contributions averaged $3 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 0.43% to 0.35%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 2,487th-largest of 9,483 plans among California employers on file, and the 4,181st of 13,661 in manufacturing. In 2024, employees put in $4059.86 for every $1.00 the employer contributed; active participation has grown from 241 to 288 since 2022.

Plan summary
Net assets, end of year$33,133,117
Participants with balances288
Active participants288
Employer contributions$969
Employee contributions$3,934,005
Employer contribution per active participant$3
Average account balance$115,046
Benefits paid to participants$1,577,984
Plan auditUnmodified (clean) audit opinion
AuditorFRANK, RIMERMAN & CO.
Plan history3
Yearassets · accounts · employer contribution
2024$33.1M · 288 accts · $969 emplr
2023$25.5M · 257 accts
2022$18.8M · 238 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$47,916
Investment management$54,672
Total administrative$102,588
The Picarro, Inc. 401(k) match · 2024
Employer contribution per active participant$3
Median for plans this size$2,416

Picarro, Inc.'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
WORLD INVESTMENT ADVISORS LLC · Investment advisory (plan)$54,672
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$47,916

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$102,588 · 0.35%
2023$79,156 · 0.36%
2022$81,734 · 0.43%
Same employer
Similar plansManufacturing · California
Zymergen Inc. CA$33.6M · 0.07%
Inova Diagnostics, Inc. CA$33.2M · 0.25%
Crystal Creamery Inc. CA$33.0M · 0.16%
Lumenis Be, Inc. CA$32.6M · 0.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 770494406 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.