Plan Ledger DOL Form 5500 · updated monthly

Yubico, Inc.401(k)

YUBICO, INC. 401(K) PLAN · SANTA CLARA, CA · plan year 2024

Employer contribution per participant · 2024
$4,947

Yubico, Inc.'s 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $32,137,479 across 318 participant accounts, with employer contributions averaging $4,947 per active participant. See methodology for what Form 5500 does and doesn't capture.

Across the 1 year on file its reported administrative ratio fell from 0.02% to 0.01%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 2,546th-largest of 9,483 plans among California employers on file, and the 1,280th of 4,246 in wholesale trade. In 2024, employees put in $2.96 for every $1.00 the employer contributed; active participation has grown from 240 to 307 since 2022.

Plan summary
Net assets, end of year$32,137,479
Participants with balances318
Active participants307
Employer contributions$1,518,796
Employee contributions$4,496,691
Employer contribution per active participant$4,947
Average account balance$101,061
Benefits paid to participants$2,496,587
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$32.1M · 318 accts · $1.5M emplr
2023$23.5M · $1.3M emplr
2022$14.7M · 275 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Investment management$35
Total administrative-$2,271
The Yubico, Inc. 401(k) match · 2024
Employer contribution per active participant$4,947
Median for plans this size$2,416
2024$4,947 per active participant
2023$4,798 per active participant
2022$4,896 per active participant

Yubico, Inc.'s 2024 employer contribution ran above the $2,416 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.

Service providers · 20241
FIDELITY WORKPLACE SERVICES LLC · Loan processingindirect 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
2024Not separately reported
2023$2,705 · 0.01%
2022$2,475 · 0.02%
Same employer
Similar plansWholesale Trade · California
Motive Energy, Inc CA$33.2M · 0.49%
Faire Wholesale, Inc. CA$32.7M · 0.48%
A.L. Gilbert Company CA$32.3M · 0.00%
Adept Fasteners, Inc. CA$32.1M · 0.12%
H & N Group, Inc. CA$31.6M · 0.04%
Bisco Industries, Inc. CA$31.5M · 0.05%
Ma Laboratories, Inc. CA$31.3M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261373707 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.