Plan Ledger DOL Form 5500 · updated monthly

Tipalti, Inc.401(k)

TIPALTI 401(K) PLAN · FOSTER CITY, CA · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Tipalti, Inc. reported $7,475 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,787 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 0.06% to 0.04%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 3,573rd-largest of 9,483 plans among California employers on file, and 3,015th of 4,798 in finance & insurance. In 2024, employees put in $4.22 for every $1.00 the employer contributed; active participation has shrunk from 353 to 267 since 2022.

Plan summary
Net assets, end of year$20,475,497
Participants with balances333
Active participants267
Employer contributions$744,076
Employee contributions$3,143,135
Employer contribution per active participant$2,787
Average account balance$61,488
Benefits paid to participants$1,383,244
Plan auditUnmodified (clean) audit opinion
AuditorFRANK RIMERMAN & CO. LLP
Plan history3
Yearassets · accounts · employer contribution
2024$20.5M · 333 accts · $744K emplr
2023$14.7M · 313 accts · $871K emplr
2022$9.7M · 342 accts · $744K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,475
Total administrative$7,475
The Tipalti, Inc. 401(k) match · 2024
Employer contribution per active participant$2,787
Median for plans this size$2,416
2024$2,787 per active participant
2023$3,192 per active participant
2022$2,107 per active participant

Tipalti, Inc.'s 2024 employer contribution ran above the $2,416 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.

Service providers · 20242
ADP, INC. · Loan processing · Recordkeeping$7,475
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP
2023ADP

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

Administrative cost history3
2024$7,475 · 0.04%
2023$6,514 · 0.05%
2022$4,629 · 0.06%
Same employer
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Silvergate Bank CA$21.1M · 0.12%
Bolton and Company CA$20.8M · 0.02%
Ieq Capital, LLC CA$20.7M · 0.31%
Sierra Central Credit Union CA$20.4M · 0.41%
Sesloc Federal Credit Union CA$20.4M · 0.05%
Bac Community Bank CA$20.4M · 0.00%
Five Star Bank CA$20.3M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 462121493 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.