Plan Ledger DOL Form 5500 · updated monthly

Trialspark, Inc.401(k)

FORMATION BIO 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Trialspark, Inc. reported $5,881 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New York (3,860th of 5,648), and 8,542nd of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$8,404,549
Participants with balances148
Active participants136
Employer contributions$0
Employee contributions$921,915
Employer contribution per active participant$0
Average account balance$56,787
Benefits paid to participants$640,398
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,785
Investment management$3,096
Total administrative$5,881
The Trialspark, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Trialspark, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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
THREE BELL CAPITAL LLC · Investment advisory (plan)$3,096

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

Administrative cost history1
2024$5,881 · 0.07%
Same employer
Similar plansProfessional & Technical Services · New York
Revolut Technologies Inc NY$8.5M · 0.05%
Si Engineering P.C. NY$8.5M · 0.67%
Spotnana Technology, Inc. NY$8.4M · 0.21%
Rbt Cpas, LLP NY$8.4M · 0.81%
Big Architecture D.P.C. NY$8.4M · 0.72%
Laforce & Company, LLC NY$8.3M · 0.01%
Tully Rinckey PLLC NY$8.3M · 0.72%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 471134239 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.