Plan Ledger DOL Form 5500 · updated monthly

Project Canary, Inc Pbc401(k)

PROJECT CANARY, INC PBC 401(K) PLAN · DENVER, CO · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Project Canary, Inc Pbc reported $6,423 in plan administrative expenses for 2024: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,297 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 1 year on file its reported administrative ratio rose from 0.10% to 0.12%. 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 Colorado (993rd of 1,461), and 9,438th of 11,654 in professional & technical services. In 2024, employees put in $2.69 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,902,740
Participants with balances189
Active participants106
Employer contributions$561,456
Employee contributions$1,507,990
Employer contribution per active participant$5,297
Average account balance$31,231
Benefits paid to participants$1,571,630
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$5.9M · 189 accts · $561K emplr
2023$4.4M · 205 accts · $622K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,260
Investment management$4,163
Total administrative$6,423
The Project Canary, Inc Pbc 401(k) match · 2024
Employer contribution per active participant$5,297
Median for plans this size$1,313
2024$5,297 per active participant
2023$3,618 per active participant

Project Canary, Inc Pbc's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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
GUIDELINE, INC. · Plan administrator · Recordkeeping$5,732

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

Administrative cost history2
2024$6,423 · 0.12%
2023$3,236 · 0.10%
Similar plansProfessional & Technical Services · Colorado
Hdnet, LLC CO$6.6M · 0.61%
Cybergrx, Inc. CO$6.2M · 0.05%
Integrated Research, Inc. CO$6.0M · 0.60%
Toeroek Associates, Inc. CO$6.0M · 0.24%
Learning Network LLC CO$5.9M · 0.14%
Aliri USA Inc. CO$5.6M · 1.19%
Forge Nano CO$5.6M · 0.86%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 831480004 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.