Plan Ledger DOL Form 5500 · updated monthly

Rhombus Power, Inc401(k)

RHOMBUS POWER, INC 401(K) PLAN · PALO ALTO, CA · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Rhombus Power, Inc reported $27,255 in plan administrative expenses for 2024: 0.42% of average plan assets, below the peer median. Employer contributions averaged $5,260 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.

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 (5,906th of 9,483), and 8,531st of 11,654 in professional & technical services. In 2024, employees put in $2.18 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,420,574
Participants with balances232
Active participants183
Employer contributions$962,560
Employee contributions$2,093,903
Employer contribution per active participant$5,260
Average account balance$36,296
Benefits paid to participants$497,514
Plan auditUnmodified (clean) audit opinion
AuditorCOMYNS, SMITH, MCCLEARY &DEAVER LLP
Administrative expenses, itemized · 2024
Investment management$27,255
Total administrative$27,255
The Rhombus Power, Inc 401(k) match · 2024
Employer contribution per active participant$5,260
Median for plans this size$1,313

Rhombus Power, Inc'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
HUMAN INTEREST ADVISOR LLC · Contract administrator · Investment advisory (plan)$27,255

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

Administrative cost history1
2024$27,255 · 0.42%
Same employer
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Cypress Hcm Inc. CA$8.5M · 0.38%
Forward Networks, Inc. CA$8.5M · 0.84%
Akasa, Inc. CA$8.4M · 0.05%
Lilomi, Inc. CA$8.4M · 0.49%
Cyara, Inc. CA$8.4M · 0.01%
Didi USA Inc. CA$8.4M · 0.23%
Primer Technologies, Inc. CA$8.4M · 0.02%
Cti III LLC CA$8.3M · 0.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 900716854 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.