Plan Ledger DOL Form 5500 · updated monthly

SYSTEM1 LLC401(k)

SYSTEM1 LLC 401(K) PLAN · MARINA DEL REY, CA · plan year 2025

Reported admin expense ratio · 2025
0.13%

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

SYSTEM1 LLC reported $57,502 in plan administrative expenses for 2025: 0.13% of average plan assets, lower than ~75% of peers. Employer contributions averaged $11,997 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 3 years on file its reported administrative ratio rose from 0.06% to 0.13%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,761st-largest of 9,483 plans among California employers on file, and the 2,747th of 11,654 in professional & technical services. In 2025, employees put in $1.43 for every $1.00 the employer contributed; active participation has shrunk from 325 to 232 since 2022.

Plan summary
Net assets, end of year$50,279,911
Participants with balances409
Active participants232
Employer contributions$2,783,218
Employee contributions$3,969,015
Employer contribution per active participant$11,997
Average account balance$122,934
Benefits paid to participants$5,739,147
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$50.3M · 409 accts · $2.8M emplr
2024$41.6M · 425 accts · $2.6M emplr
2023$31.5M · 434 accts · $1.8M emplr
2022$25.1M · 413 accts · $1.7M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$11,811
Investment management$45,691
Total administrative$57,502
The SYSTEM1 LLC 401(k) match · 2025
Employer contribution per active participant$11,997
Median for plans this size$2,666
2025$11,997 per active participant
2024$10,198 per active participant
2023$7,130 per active participant
2022$5,146 per active participant

SYSTEM1 LLC's 2025 employer contribution ran above the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20254
EMPOWER ADVISORY GROUP, LLC · Investment management$30,589
TRUOG-RYDING COMPANY, INC. · Contract administrator$23,768
OAKWOOD CAPITAL SECURITIES, INCindirect comp

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

Administrative cost history4
2025$57,502 · 0.13%
2024$30,212 · 0.08%
2023$22,959 · 0.08%
2022$16,172 · 0.06%
Same employer
Similar plansProfessional & Technical Services · California
Liftoff Mobile, Inc. CA$50.7M · 0.01%
Adyen N.V. CA$50.6M · 0.18%
Tealium Inc. CA$50.5M · 0.33%
E-Times Corporation CA$49.7M · 0.24%
Aevex Aerospace, LLC CA$49.7M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 822387353 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.