Plan Ledger DOL Form 5500 · updated monthly

Xifin, Inc.401(k)

XIFIN, INC. 401(K) PLAN · SAN DIEGO, CA · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

Xifin, Inc. reported $235,977 in plan administrative expenses for 2024: 0.39% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,538 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 0.50% to 0.39%. 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 1,377th-largest of 9,483 plans among California employers on file, and the 2,150th of 11,654 in professional & technical services. In 2024, employees put in $3.69 for every $1.00 the employer contributed; active participation has grown from 861 to 1,022 since 2022.

Plan summary
Net assets, end of year$66,939,928
Participants with balances1,111
Active participants1,022
Employer contributions$1,571,778
Employee contributions$5,800,783
Employer contribution per active participant$1,538
Average account balance$60,252
Benefits paid to participants$6,705,802
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$66.9M · 1,111 accts · $1.6M emplr
2023$54.8M · 1,010 accts · $1.7M emplr
2022$41.5M · 929 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$203,058
Total administrative$235,977
The Xifin, Inc. 401(k) match · 2024
Employer contribution per active participant$1,538
Median for plans this size$3,635
2024$1,538 per active participant
2023$1,845 per active participant
2022$1,817 per active participant

Xifin, Inc.'s 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$205,715
TROMBINO PENSION ADMINISTRATORS INC · Other services$31,389
ONEDIGITAL INVESTMENT ADVISORS · Investment advisory (plan)indirect comp

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$235,977 · 0.39%
2023$220,536 · 0.46%
2022$192,979 · 0.50%
Same employer
Similar plansProfessional & Technical Services · California
Bluebeam, Inc. CA$67.1M · 0.05%
Boingo Wireless, Inc. CA$67.1M · 0.07%
Takara Bio, USA, Inc. CA$67.1M · 0.07%
Mbs Asset Management LLC CA$66.9M · 0.32%
Ktgy Group, Inc. CA$66.8M · 0.26%
Nuro, Inc. CA$66.0M · 0.07%
Denali Therapeutics Inc. CA$65.7M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330769145 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.