Plan Ledger DOL Form 5500 · updated monthly

Workiva Inc.401(k)

WORKIVA 401(K) PLAN · AMES, IA · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Workiva Inc. reported $17,006 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,810 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 2 years on file its reported administrative ratio fell from 0.012% to 0.010%. 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 49th-largest of 878 plans among Iowa employers on file, and the 845th of 11,654 in professional & technical services. In 2024, employees put in $4.40 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$188,695,534
Participants with balances2,435
Active participants2,169
Employer contributions$6,094,360
Employee contributions$26,843,078
Employer contribution per active participant$2,810
Average account balance$77,493
Benefits paid to participants$11,942,249
Plan auditUnmodified (clean) audit opinion
AuditorUHY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$188.7M · 2,435 accts · $6.1M emplr
2023$140.0M · 2,220 accts · $5.5M emplr
2022$96.5M · 2,137 accts · $5.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,006
Total administrative$17,006
The Workiva Inc. 401(k) match · 2024
Employer contribution per active participant$2,810
Median for plans this size$3,635
2024$2,810 per active participant
2023$2,715 per active participant
2022$2,672 per active participant

Workiva Inc.'s 2024 employer contribution ran below the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
MERRILL LYNCH, PIERCE, FENNER AND S · Recordkeeping$17,031

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

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

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

Administrative cost history3
2024$17,006 · 0.01%
2023$15,501 · 0.01%
2022$10,795 · 0.01%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 472509828 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.