Plan Ledger DOL Form 5500 · updated monthly

Primer Technologies, Inc.401(k)

PRIMER TECHNOLOGIES, INC. 401(K) PLAN · SAN FRANCISCO, CA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Primer Technologies, Inc. reported $1,200 in plan administrative expenses for 2024: 0.02% 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 0.95% to 0.02%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in California (5,925th of 9,483), and 8,558th of 11,654 in professional & technical services. active participation has shrunk from 189 to 104 since 2022.

Plan summary
Net assets, end of year$8,352,168
Participants with balances147
Active participants104
Employer contributions$0
Employee contributions$1,689,388
Employer contribution per active participant$0
Average account balance$56,817
Benefits paid to participants$1,416,999
Plan auditUnmodified (clean) audit opinion
AuditorBPM LLP
Plan history3
Yearassets · accounts · employer contribution
2024$8.4M · 147 accts
2023$6.8M · 148 accts · $49K emplr
2022$4.6M · 147 accts
Administrative expenses, itemized · 2024
Investment management$1,695
Total administrative$1,200
The Primer Technologies, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Primer Technologies, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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$1,200 · 0.02%
2023Not separately reported
2022$41,300 · 0.95%
Same employer
Similar plansProfessional & Technical Services · California
Lilomi, Inc. CA$8.4M · 0.49%
Rhombus Power, Inc CA$8.4M · 0.42%
Cyara, Inc. CA$8.4M · 0.01%
Didi USA Inc. CA$8.4M · 0.23%
Cti III LLC CA$8.3M · 0.61%
Viacyte, Inc. CA$8.3M · 0.27%
Arceo Labs Inc CA$8.3M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 472500484 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.