Plan Ledger DOL Form 5500 · updated monthly

Tencent America, LLC401(k)

TENCENT AMERICA 401(K) PLAN · PALO ALTO, CA · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Tencent America, LLC reported $111,966 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $9,151 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 0.24% to 0.13%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other information & media employers. By assets it is the 982nd-largest of 9,483 plans among California employers on file, and the 309th of 2,199 in information & media. In 2024, employees put in $2.30 for every $1.00 the employer contributed; active participation has grown from 530 to 648 since 2022.

Plan summary
Net assets, end of year$102,021,079
Participants with balances1,073
Active participants648
Employer contributions$5,929,791
Employee contributions$13,641,116
Employer contribution per active participant$9,151
Average account balance$95,080
Benefits paid to participants$8,693,251
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$102.0M · 1,073 accts · $5.9M emplr
2023$74.6M · 949 accts · $5.3M emplr
2022$45.2M · 814 accts · $3.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$79,043
Investment management$32,923
Total administrative$111,966
The Tencent America, LLC 401(k) match · 2024
Employer contribution per active participant$9,151
Median for plans this size$3,635
2024$9,151 per active participant
2023$8,605 per active participant
2022$6,965 per active participant

Tencent America, LLC's 2024 employer contribution ran above the $3,635 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.

Service providers · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$81,975
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$32,923

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

Administrative cost history3
2024$111,966 · 0.13%
2023$106,513 · 0.18%
2022$101,192 · 0.24%
Same employer
Similar plansInformation & Media · California
Metro-Goldwyn-Mayer Inc. CA$111.6M · 0.01%
Kqed Inc. CA$105.0M · 0.16%
Magnite, Inc. CA$102.6M · 0.00%
Zuora, Inc. CA$99.8M · 0.13%
Seismic Software, Inc CA$94.8M · 0.26%
O'Reilly Media, Inc. CA$94.5M · 0.22%
Niantic, Inc. CA$94.3M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 711028222 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.