Plan Ledger DOL Form 5500 · updated monthly

Placeworks, Inc.401(k)

PLACEWORKS 401(K) PLAN · SANTA ANA, CA · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Placeworks, Inc. reported $58,761 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $2,860 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 3 years on file its reported administrative ratio has held roughly steady near 0.23%. 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 2,882nd-largest of 9,483 plans among California employers on file, and the 4,455th of 11,654 in professional & technical services. In 2024, employees put in $2.95 for every $1.00 the employer contributed; active participation has grown from 122 to 138 since 2022.

Plan summary
Net assets, end of year$27,356,773
Participants with balances165
Active participants138
Employer contributions$394,672
Employee contributions$1,162,473
Employer contribution per active participant$2,860
Average account balance$165,799
Benefits paid to participants$1,893,510
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$27.4M · 165 accts · $395K emplr
2023$23.4M · 160 accts · $372K emplr
2022$19.0M · 156 accts · $340K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$58,761
Total administrative$58,761
The Placeworks, Inc. 401(k) match · 2024
Employer contribution per active participant$2,860
Median for plans this size$2,416
2024$2,860 per active participant
2023$2,999 per active participant
2022$2,791 per active participant

Placeworks, 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
JULY BUSINESS SERVICES LLC · Recordkeeping$4,680
RETIRE AMERICA · Investment advisory (participants) · Investment advisory (plan)$53,236

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

Recordkeeper by year2
2024July Business Services
2023July Business Services

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$58,761 · 0.23%
2023$59,077 · 0.28%
2022$50,556 · 0.24%
All plans at this employer2
PLACEWORKS 401(K) PLAN401(k)
PLACEWORKS, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
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Triple Hs, Incorporated CA$27.5M · 0.29%
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Moloco, Inc. CA$27.4M · 0.35%
Leighton Group, Inc. CA$27.4M · 0.36%
Stem, Inc. CA$27.2M · 0.24%
Xoriant Corporation CA$27.1M · 0.04%
NEO4J, Inc. CA$27.1M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952975827 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.