Plan Ledger DOL Form 5500 · updated monthly

Pindrop Security, Inc.401(k)

PINDROP SECURITY, INC. 401(K) RETIREMENT PLAN · ATLANTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Pindrop Security, Inc. reported $38,069 in plan administrative expenses for 2024: 0.16% of average plan assets, below the peer median. Employer contributions averaged $2,935 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 0.33% to 0.16%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 722nd-largest of 2,160 plans among Georgia employers on file, and the 842nd of 2,199 in information & media. In 2024, employees put in $4.70 for every $1.00 the employer contributed; active participation has grown from 225 to 252 since 2022.

Plan summary
Net assets, end of year$26,964,038
Participants with balances351
Active participants252
Employer contributions$739,629
Employee contributions$3,479,525
Employer contribution per active participant$2,935
Average account balance$76,821
Benefits paid to participants$2,119,459
Plan auditUnmodified (clean) audit opinion
AuditorAPRIO LLP
Plan history3
Yearassets · accounts · employer contribution
2024$27.0M · 351 accts · $740K emplr
2023$21.0M · 319 accts · $671K emplr
2022$15.6M · 317 accts · $660K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,478
Total administrative$38,069
The Pindrop Security, Inc. 401(k) match · 2024
Employer contribution per active participant$2,935
Median for plans this size$2,416
2024$2,935 per active participant
2023$2,930 per active participant
2022$2,932 per active participant

Pindrop Security, Inc.'s 2024 employer contribution ran above 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.

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
MORGAN STANLEY SMITH BARNEY LLC · Investment advisory (participants)$35,591
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$2,478

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$38,069 · 0.16%
2023$37,882 · 0.21%
2022$52,692 · 0.33%
Same employer
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Onetrust LLC GA$34.2M · 0.06%
Usan, Inc. GA$28.4M · 0.30%
Sbs Services Corporation GA$27.1M · 0.43%
Alogent Holdings, Inc. GA$26.1M · 0.23%
Callrail GA$24.2M · 0.27%
Ventiv Technology Inc. GA$24.2M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 800712492 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.