Plan Ledger DOL Form 5500 · updated monthly

Skydio Inc.401(k)

FORUS 401(K) · REDWOOD CITY, CA · plan year 2024

Reported admin expense ratio · 2024
0.53%

Skydio Inc. reported $139,549 in plan administrative expenses for 2024: 0.53% of average plan assets, higher than ~75% of peers. 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 0.40% to 0.53%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 2,588th-largest of 9,483 plans among California employers on file, and the 4,336th of 13,661 in manufacturing. active participation has grown from 505 to 731 since 2022.

Plan summary
Net assets, end of year$31,419,448
Participants with balances913
Active participants731
Employer contributions—
Employee contributions$8,710,722
Employer contribution per active participant—
Average account balance$34,413
Benefits paid to participants$2,107,170
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$31.4M · 913 accts
2023$20.8M · 741 accts
2022$11.4M · 576 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$139,549
Total administrative$139,549
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
AT RETIREMENT SERVICES, LLC · Claims processing · Recordkeeping$37,538
FORUSALL,INC. · Contract administrator · Investment advisory (plan)$102,011

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

Recordkeeper by year2
2024AT RETIREMENT SERVICES, LLC
2023AT RETIREMENT SERVICES, LLC

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

Administrative cost history3
2024$139,549 · 0.53%
2023$84,701 · 0.53%
2022$39,111 · 0.40%
Same employer
Similar plansManufacturing · California
Traditional Medicinals, Inc CA$31.8M · 0.33%
Lockwood Industries, LLC CA$31.7M · 0.29%
C.G. Roxane CA$31.6M · 0.28%
Reflexion Medical CA$30.9M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 465344747 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.