Plan Ledger DOL Form 5500 · updated monthly

Rocket Lawyer Incorporated401(k)

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

Reported admin expense ratio · 2024
0.61%

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

Rocket Lawyer Incorporated reported $60,884 in plan administrative expenses for 2024: 0.61% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,619 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 0.29% to 0.61%. 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 among the smaller plans on file in California (5,187th of 9,483), and 7,678th of 11,654 in professional & technical services. In 2024, employees put in $4.20 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,030,698
Participants with balances186
Active participants245
Employer contributions$396,540
Employee contributions$1,666,732
Employer contribution per active participant$1,619
Average account balance$59,305
Benefits paid to participants$2,008,047
Plan auditUnmodified (clean) audit opinion
AuditorFRANK, RIMERMAN & CO. LLP
Plan history3
Yearassets · accounts · employer contribution
2024$11.0M · 186 accts · $397K emplr
2023$9.0M · 202 accts · $482K emplr
2022$5.5M · 169 accts · $311K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,348
Investment management$36,536
Total administrative$60,884
The Rocket Lawyer Incorporated 401(k) match · 2024
Employer contribution per active participant$1,619
Median for plans this size$2,416
2024$1,619 per active participant
2023$1,905 per active participant
2022$1,188 per active participant

Rocket Lawyer Incorporated's 2024 employer contribution ran below the $2,416 median for plans its size. 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)$36,536

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$60,884 · 0.61%
2023$32,838 · 0.45%
2022$15,076 · 0.29%
Same employer
Similar plansProfessional & Technical Services · California
Sitetracker, Inc. CA$11.1M · 0.02%
Lark Technologies, Inc. CA$11.1M · 0.36%
Lob.com Inc. CA$11.1M
Saildrone, Inc. CA$11.1M · 0.08%
Public Counsel CA$11.0M · 0.23%
D2IQ, Inc. CA$11.0M · 0.17%
Holmes US, a Partnership CA$11.0M · 0.00%
Medrio CA$11.0M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 263054379 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.