Plan Ledger DOL Form 5500 · updated monthly

Skillshare, Inc.401(k)

SKILLSHARE, INC. 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Skillshare, Inc. reported $2 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $800 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 0.005% to 0.000%. 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 New York (3,667th of 5,648), and 8,123rd of 11,654 in professional & technical services. In 2024, employees put in $24.42 for every $1.00 the employer contributed; active participation has shrunk from 99 to 35 since 2022.

Plan summary
Net assets, end of year$9,567,305
Participants with balances203
Active participants35
Employer contributions$28,000
Employee contributions$683,885
Employer contribution per active participant$800
Average account balance$47,130
Benefits paid to participants$753,023
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.6M · 203 accts · $28K emplr
2023$8.4M · 220 accts
2022$6.5M · 230 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2
Total administrative$2
The Skillshare, Inc. 401(k) match · 2024
Employer contribution per active participant$800
Median for plans this size$1,313

Skillshare, Inc.'s 2024 employer contribution ran below the $1,313 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.

Administrative cost history3
2024$2 · 0.00%
2023$375 · 0.01%
2022$300 · 0.00%
Similar plansProfessional & Technical Services · New York
Slce Architects LLP NY$9.7M · 0.44%
Rms Computer Corp NY$9.7M · 0.02%
Framestore Inc. NY$9.6M · 0.67%
Presencelearning, Inc. NY$9.6M · 0.19%
Brkthru Digital, LLC NY$9.5M · 0.05%
Dashlane USA, Inc. NY$9.5M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 273918344 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.