Varo Money, Inc.401(k)
VARO RETIREMENT PLAN · SAN FRANCISCO, CA · plan year 2024
Varo Money, Inc. reported $84,026 in plan administrative expenses for 2024: 0.40% of average plan assets, above 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.
Across the 2 years on file its reported administrative ratio fell from 0.46% to 0.40%. 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 3,220th-largest of 9,483 plans among California employers on file, and 2,777th of 4,798 in finance & insurance. active participation has shrunk from 568 to 392 since 2022.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 475457481 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.