Plan Ledger DOL Form 5500 · updated monthly

Safework, Inc.401(k)

SAFEWORK, INC. 401(K) PROFIT SHARING PLAN · ANAHEIM, CA · plan year 2023

Reported admin expense ratio · 2023
0.76%

Safework, Inc. reported $57,956 in plan administrative expenses for 2023: 0.76% of average plan assets, above the peer median. 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 0.67% to 0.80%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in California (6,045th of 9,483), and 8,728th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$7,897,290
Participants with balances125
Active participants83
Employer contributions—
Employee contributions$684,277
Employer contribution per active participant—
Average account balance$63,178
Benefits paid to participants$1,162,854
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.1M · 130 accts · $109K emplr
2023$7.9M · 125 accts
2022$7.3M · 125 accts · $283K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$57,956
Total administrative$57,956
What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
LPL FINANCIAL LLC - RPCP · Investment advisory (participants)$21,012

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$59,524 · 0.80%
2023$57,956 · 0.76%
2022$57,839 · 0.67%
Similar plansProfessional & Technical Services · California
Nylas, Inc. CA$7.9M · 0.13%
Bugcrowd Inc. CA$7.9M · 0.14%
Virtana CA$7.9M · 0.20%
Split Software, Inc. CA$7.9M · 0.39%
Gallegos United CA$7.9M · 0.73%
Frequence, Inc. CA$7.9M · 0.47%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 330502333 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.