Plan Ledger DOL Form 5500 · updated monthly

Wyze Labs, Inc401(k)

WYZE CAM 401(K) · KIRKLAND, WA · plan year 2024

Reported admin expense ratio · 2024
0.52%

Wyze Labs, Inc reported $34,578 in plan administrative expenses for 2024: 0.52% of average plan assets, below 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 0.57% to 0.52%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Washington (1,195th of 1,714), and 3,139th of 5,215 in retail trade. active participation has shrunk from 211 to 139 since 2022.

Plan summary
Net assets, end of year$7,617,964
Participants with balances180
Active participants139
Employer contributions—
Employee contributions$1,630,635
Employer contribution per active participant—
Average account balance$42,322
Benefits paid to participants$745,139
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.6M · 180 accts
2023$5.7M · 183 accts
2022$4.0M · 211 accts · $10K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,700
Investment management$16,439
Total administrative$34,578
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
MERRILL LYNCH PIERCE FENNER & SMITH · Pension consulting · Investment advisory (plan)$32,878
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$1,700

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

Administrative cost history3
2024$34,578 · 0.52%
2023$25,903 · 0.54%
2022$22,253 · 0.57%
Similar plansRetail Trade · Washington
Sunset Chevrolet, Inc. WA$8.3M · 0.30%
Jollys Pharmacy, Inc. WA$7.9M · 0.49%
Netrush, LLC WA$7.8M · 0.07%
Thrift Books Global, LLC WA$7.6M · 1.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 822257670 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.