Plan Ledger DOL Form 5500 · updated monthly

Trusted Technologies, Inc.401(k)

TRUSTED, INC. 401(K) PLAN · SAN FRANCISCO, CA · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Trusted Technologies, Inc. reported $14,710 in plan administrative expenses for 2024: 0.16% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,344 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 rose from 0.15% to 0.16%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in California (5,578th of 9,483), and the 1,030th of 2,534 in administrative & support services. In 2024, employees put in $4.51 for every $1.00 the employer contributed; active participation has shrunk from 269 to 122 since 2022.

Plan summary
Net assets, end of year$9,555,883
Participants with balances342
Active participants122
Employer contributions$285,920
Employee contributions$1,288,919
Employer contribution per active participant$2,344
Average account balance$27,941
Benefits paid to participants$1,738,859
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.6M · 342 accts · $286K emplr
2023$8.5M · 370 accts · $461K emplr
2022$5.7M · 362 accts · $731K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,737
Investment management$10,973
Total administrative$14,710
The Trusted Technologies, Inc. 401(k) match · 2024
Employer contribution per active participant$2,344
Median for plans this size$1,313
2024$2,344 per active participant
2023$1,971 per active participant
2022$2,716 per active participant

Trusted Technologies, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20241
BETTERMENT FOR BUSINESS, LLC · Investment advisory (plan)$14,710

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$14,710 · 0.16%
2023$11,848 · 0.17%
2022$6,948 · 0.15%
Similar plansAdministrative & Support Services · California
Ryzen Solutions CA$10.0M · 0.51%
Pasona NA, Inc. CA$9.9M · 0.55%
Care.Stat!, Inc. CA$9.9M · 0.16%
Pridestaff, Inc. CA$9.6M · 0.13%
Vxi Global Solutions, LLC CA$9.4M · 5.77%
Searchpros Staffing LLC CA$9.4M · 0.70%
Modern Treasury Corp. CA$9.4M · 0.10%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 920956241 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.