Plan Ledger DOL Form 5500 · updated monthly

Tredence401(k)

TREDENCE INC 401K PROFIT SHARING PLAN AND TRUST · SAN JOSE, CA · plan year 2023

Reported admin expense ratio · 2023
0.03%

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

Tredence reported $2,742 in plan administrative expenses for 2023: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,722 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 fell from 0.06% to 0.03%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in California (5,404th of 9,483), and 7,952nd of 11,654 in professional & technical services. In 2023, employees put in $2.07 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,171,169
Participants with balances290
Active participants229
Employer contributions$1,081,416
Employee contributions$2,235,014
Employer contribution per active participant$4,722
Average account balance$35,073
Benefits paid to participants$519,567
Plan auditUnmodified (clean) audit opinion
AuditorSANTHOSH C
Plan history2
Yearassets · accounts · employer contribution
2023$10.2M · 290 accts · $1.1M emplr
2022$5.6M · 253 accts · $809K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$2,742
Total administrative$2,742
The Tredence 401(k) match · 2023
Employer contribution per active participant$4,722
Median for plans this size$1,308
2023$4,722 per active participant
2022$3,890 per active participant

Tredence's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
ADP, INC. · Loan processing · Recordkeeping$2,742
ADP BROKER-DEALER · Other servicesindirect comp

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

Administrative cost history2
2023$2,742 · 0.03%
2022$2,822 · 0.06%
Similar plansProfessional & Technical Services · California
Premise Data Corporation CA$10.2M · 0.30%
Naehas Inc CA$10.2M · 0.09%
Artemis Consulting, LLC CA$10.2M · 0.48%
Cordevalle L.P. CA$10.2M · 0.18%
Compex Legal Services, Inc. CA$10.2M · 0.06%
Nicolehollis, Inc. CA$10.1M · 0.58%
Intellipro Service Inc CA$10.1M · 1.18%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 471158206 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.