Plan Ledger DOL Form 5500 · updated monthly

Wasabi Technologies LLC401(k)

WASABI TECHNOLOGIES 401(K) PLAN · BOSTON, MA · plan year 2025

Reported admin expense ratio · 2025
0.05%

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

Wasabi Technologies LLC reported $12,459 in plan administrative expenses for 2025: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,387 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 0.38% to 0.05%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,014th-largest of 2,726 plans among Massachusetts employers on file, and the 4,197th of 11,654 in professional & technical services. In 2025, employees put in $3.43 for every $1.00 the employer contributed; active participation has grown from 218 to 349 since 2022.

Plan summary
Net assets, end of year$29,797,337
Participants with balances359
Active participants349
Employer contributions$1,531,138
Employee contributions$5,257,490
Employer contribution per active participant$4,387
Average account balance$83,001
Benefits paid to participants$1,658,145
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$29.8M · 359 accts · $1.5M emplr
2024$20.2M · 330 accts · $1.3M emplr
2023$12.2M · 269 accts · $742K emplr
2022$6.2M · 214 accts · $514K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$3,063
Investment management$9,396
Total administrative$12,459
The Wasabi Technologies LLC 401(k) match · 2025
Employer contribution per active participant$4,387
Median for plans this size$2,666
2025$4,387 per active participant
2024$4,094 per active participant
2023$2,737 per active participant
2022$2,356 per active participant

Wasabi Technologies LLC's 2025 employer contribution ran above the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$9,396
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$5,639

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$12,459 · 0.05%
2024$7,872 · 0.05%
2023$25,025 · 0.27%
2022$21,245 · 0.38%
Same employer
Similar plansProfessional & Technical Services · Massachusetts
Tonneson & Company, PC MA$30.0M · 0.11%
Keches Law Group, P. C. MA$29.6M · 0.63%
Clark & Elbing LLP MA$29.1M · 0.09%
Park Place International MA$28.7M · 0.30%
Bico Group MA$28.3M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 811335285 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.