Plan Ledger DOL Form 5500 · updated monthly

Retool, Inc.401(k)

RETOOL 401(K) PLAN · SAN FRANCISCO, CA · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Retool, Inc. reported $57,014 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $6,644 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 0.06% to 0.27%. 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 2,912th-largest of 9,483 plans among California employers on file, and the 4,510th of 11,654 in professional & technical services. In 2024, employees put in $2.42 for every $1.00 the employer contributed; active participation has grown from 291 to 339 since 2022.

Plan summary
Net assets, end of year$26,867,924
Participants with balances459
Active participants339
Employer contributions$2,252,370
Employee contributions$5,446,892
Employer contribution per active participant$6,644
Average account balance$58,536
Benefits paid to participants$2,510,680
Plan auditUnmodified (clean) audit opinion
AuditorFRANK, RIMERMAN & CO. LLP
Plan history3
Yearassets · accounts · employer contribution
2024$26.9M · 459 accts · $2.3M emplr
2023$16.0M · 223 accts · $2.1M emplr
2022$7.6M · 320 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,680
Investment management$38,334
Total administrative$57,014
The Retool, Inc. 401(k) match · 2024
Employer contribution per active participant$6,644
Median for plans this size$2,416
2024$6,644 per active participant
2023$7,672 per active participant
2022$3,747 per active participant

Retool, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20242
WORLD INVESTMENT ADVISORS LLC · Investment advisory (plan)$37,517
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$18,680

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$57,014 · 0.27%
2023$11,085 · 0.09%
2022$3,140 · 0.06%
Same employer
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NEO4J, Inc. CA$27.1M · 0.00%
Rrm Design Group CA$27.0M · 0.38%
Rios, Inc. CA$26.9M · 0.41%
Macro-Pro, Inc. CA$26.8M · 0.18%
Kbkg, Inc. CA$26.8M · 0.34%
Delta Computer Consulting CA$26.7M · 0.28%
Cloudbees, Inc. CA$26.7M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 820646362 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.