Plan Ledger DOL Form 5500 · updated monthly

Stridebio, Inc.401(k)

STRIDEBIO, INC. 401(K) PLAN · DURHAM, NC · plan year 2022

Reported admin expense ratio · 2022
0.21%

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

Stridebio, Inc. reported $5,435 in plan administrative expenses for 2022: 0.21% of average plan assets, below the peer median. Employer contributions averaged $16,817 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 1 year on file its reported administrative ratio rose from 0.21% to 0.67%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in North Carolina (1,682nd of 2,005), and 10,611th of 11,654 in professional & technical services. In 2022, employees put in $2.57 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,803,150
Participants with balances114
Active participants23
Employer contributions$386,790
Employee contributions$995,644
Employer contribution per active participant$16,817
Average account balance$24,589
Benefits paid to participants$644,918
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$476K · 23 accts · $49K emplr
2022$2.8M · 114 accts · $387K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$5,435
Total administrative$5,435
The Stridebio, Inc. 401(k) match · 2022
Employer contribution per active participant$16,817
Median for plans this size$1,114

Stridebio, Inc.'s 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$11,060 · 0.67%
2022$5,435 · 0.21%
Similar plansProfessional & Technical Services · North Carolina
Avadim Holdings, Inc. NC$3.3M · 1.08%
B&W Fiberglass, Inc. NC$2.9M · 0.59%
Second Nature NC$2.5M · 1.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 475059585 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.