Plan Ledger DOL Form 5500 · updated monthly

Recharge Inc.401(k)

RECHARGE INC. 401(K) PLAN · SANTA MONICA, CA · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Recharge Inc. reported $9,995 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4 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 rose from 0.03% to 0.08%. 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 4,432nd-largest of 9,483 plans among California employers on file, and 6,636th of 11,654 in professional & technical services. In 2024, employees put in $2293.13 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,729,385
Participants with balances321
Active participants326
Employer contributions$1,393
Employee contributions$3,194,324
Employer contribution per active participant$4
Average account balance$45,886
Benefits paid to participants$1,847,305
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.7M · 321 accts · $1K emplr
2023$10.7M · 272 accts · $331 emplr
2022$6.4M · 265 accts · $535 emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,995
Total administrative$9,995
The Recharge Inc. 401(k) match · 2024
Employer contribution per active participant$4
Median for plans this size$2,416
2024$4 per active participant
2023$1 per active participant
2022$2 per active participant

Recharge 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$9,995

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$9,995 · 0.08%
2023$6,110 · 0.07%
2022$1,941 · 0.03%
Same employer
Similar plansProfessional & Technical Services · California
Ceva, Inc. CA$14.8M · 0.13%
Path Ccm, Inc. CA$14.7M · 0.09%
Koa Corporation CA$14.7M · 0.86%
Intersect Power, LLC CA$14.7M · 0.69%
Evident Change CA$14.7M · 0.01%
Verimatrix, Inc. CA$14.7M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 465335060 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.