Plan Ledger DOL Form 5500 · updated monthly

Turvo, Inc401(k)

TURVO 401(K) PLAN · SAN MATEO, CA · plan year 2022

Reported admin expense ratio · 2022
0.16%

Turvo, Inc reported $3,667 in plan administrative expenses for 2022: 0.16% of average plan assets, below the peer median. 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 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in California (9,480th of 9,483), and 11,649th of 11,654 in professional & technical services. In 2022, employees put in $3.54 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$287
Participants with balances141
Active participants0
Employer contributions$178,915
Employee contributions$633,349
Employer contribution per active participant—
Average account balance$2
Benefits paid to participants$4,971,352
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Investment management$3,644
Total administrative$3,667
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$3,667 · 0.16%
Same employer
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Tile, Inc. CA$4K · 0.20%
Vicarious Fpc, Inc. CA$1K · 0.43%
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Brighttalk Inc. MA$115 · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 472067690 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.