Plan Ledger DOL Form 5500 · updated monthly

Seek Now, Inc.401(k)

SEEK NOW 401(K) PLAN · LOUISVILLE, KY · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Seek Now, Inc. reported $2,100 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,721 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 fell from 0.09% to 0.04%. 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 Kentucky (610th of 871), and 9,419th of 11,654 in professional & technical services. In 2024, employees put in $1.74 for every $1.00 the employer contributed; active participation has grown from 145 to 205 since 2022.

Plan summary
Net assets, end of year$5,943,779
Participants with balances178
Active participants205
Employer contributions$557,736
Employee contributions$970,150
Employer contribution per active participant$2,721
Average account balance$33,392
Benefits paid to participants$370,167
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.9M · 178 accts · $558K emplr
2023$3.9M · 156 accts · $466K emplr
2022$2.2M · 134 accts · $387K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,100
Total administrative$2,100
The Seek Now, Inc. 401(k) match · 2024
Employer contribution per active participant$2,721
Median for plans this size$1,313
2024$2,721 per active participant
2023$2,631 per active participant
2022$2,672 per active participant

Seek Now, 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.

Administrative cost history3
2024$2,100 · 0.04%
2023$1,150 · 0.04%
2022$1,700 · 0.09%
Similar plansProfessional & Technical Services · Kentucky
The Beverage Market, LLC KY$6.7M · 0.15%
Coolsoft LLC KY$6.6M · 0.16%
Http Holdings, LLC KY$6.2M · 1.19%
Protect Environmental LLC KY$5.6M · 0.06%
Leap Group Network, LLC KY$5.0M · 0.77%
Altano U.S., LLC KY$3.8M · 1.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 854306204 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.