Plan Ledger DOL Form 5500 · updated monthly

Wag Labs Inc.401(k)

WAG LABS INC. 401(K) PLAN · SAN FRANCISCO, CA · plan year 2025

Reported admin expense ratio · 2025
0.24%

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

Wag Labs Inc. reported $16,518 in plan administrative expenses for 2025: 0.24% of average plan assets, below the peer median. Employer contributions averaged $1,055 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 3 years on file its reported administrative ratio fell from 0.52% to 0.24%. The plan sits in the $1M–$10M size bracket, benchmarked here against 809 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in California (6,110th of 9,483), and 1,667th of 2,199 in information & media. In 2025, employees put in $11.73 for every $1.00 the employer contributed; active participation has shrunk from 82 to 53 since 2022.

Plan summary
Net assets, end of year$7,693,902
Participants with balances102
Active participants53
Employer contributions$55,924
Employee contributions$656,058
Employer contribution per active participant$1,055
Average account balance$75,430
Benefits paid to participants$286,601
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$7.7M · 102 accts · $56K emplr
2024$6.0M · 242 accts · $127K emplr
2023$4.7M · 242 accts · $65K emplr
2022$3.5M · 234 accts
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$16,518
Total administrative$16,518
The Wag Labs Inc. 401(k) match · 2025
Employer contribution per active participant$1,055
Median for plans this size$1,464
2025$1,055 per active participant
2024$1,980 per active participant
2023$781 per active participant

Wag Labs Inc.'s 2025 employer contribution ran below the $1,464 median for plans its size. 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20251

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

Administrative cost history4
2025$16,518 · 0.24%
2024$12,862 · 0.24%
2023$8,298 · 0.20%
2022$18,211 · 0.52%
Similar plansInformation & Media · California
Relationalai, Inc. CA$7.8M · 0.11%
Hilti Fieldwire, Inc. CA$7.7M · 0.13%
People.Ai, Inc. CA$7.7M · 0.40%
Pandadoc, Inc CA$7.6M · 0.27%
Cresta Intelligence, Inc. CA$7.6M · 0.04%
Mediaco Operations LLC CA$7.6M · 0.05%
Estrella Media, Inc. CA$7.6M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 472374381 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.