Plan Ledger DOL Form 5500 · updated monthly

Wisk Aero LLC401(k)

WISK AERO LLC 401K PLAN · MOUNTAIN VIEW, CA · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Wisk Aero LLC reported $57,787 in plan administrative expenses for 2024: 0.08% of average plan assets, below the peer median. Employer contributions averaged $8,699 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 has held roughly steady near 0.082%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,185th-largest of 9,483 plans among California employers on file, and the 1,797th of 11,654 in professional & technical services. In 2024, employees put in $2.13 for every $1.00 the employer contributed; active participation has grown from 426 to 524 since 2022.

Plan summary
Net assets, end of year$81,529,288
Participants with balances625
Active participants524
Employer contributions$4,558,444
Employee contributions$9,702,222
Employer contribution per active participant$8,699
Average account balance$130,447
Benefits paid to participants$6,303,228
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$81.5M · 625 accts · $4.6M emplr
2023$59.9M · 553 accts · $3.9M emplr
2022$37.8M · 448 accts · $2.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,071
Investment management$40,000
Total administrative$57,787
The Wisk Aero LLC 401(k) match · 2024
Employer contribution per active participant$8,699
Median for plans this size$3,635
2024$8,699 per active participant
2023$7,952 per active participant
2022$6,512 per active participant

Wisk Aero LLC's 2024 employer contribution ran above the $3,635 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 · 20242
FID INV INST OPS CO · Recordkeeping · Loan processing$17,199
CAPFINANCIAL PARTNERS LLC · Investment advisory (plan)$40,000

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

Recordkeeper by year2
2024Fidelity
2023Fidelity

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$57,787 · 0.08%
2023$54,183 · 0.11%
2022$30,931 · 0.08%
Same employer
Similar plansProfessional & Technical Services · California
Ellison Technologies, Inc. CA$84.4M · 0.15%
Ampere Computing LLC CA$84.1M · 0.01%
Alpine Sg LLC CA$82.2M · 0.21%
Qualys, Inc. CA$82.2M · 0.06%
Corcept Therapeutics CA$81.4M · 0.03%
Interior Architects Inc. CA$80.9M · 0.06%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 834654304 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.