Retirement plan

DATASTAX, INC. 401(K) PLAN

Name: DATASTAX, INC. - DATASTAX, INC. 401(K) PLAN (2024) Form 5500
Creator: DATASTAX, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DATASTAX, INC. 401(K) PLAN, DATASTAX, INC.

DATASTAX, INC.EIN 27-2254206Plan #001PY 2024

2755 AUGUSTINE DRIVE, 8TH FLOOR - SANTA CLARA, CA 95054408-933-3737datastax.comLinkedIn501-1000 employeescomputer software

Prospect flagsLow employer contribution

How to read this page

Total assets (EOY)

$49.1M

+18.6% from 2023

Total participants

639

-3.6% from 2023

Average account balance

$88,168

+27.1% from 2023

Annual return

19.84%

-2.03 pp from 2023

Benchmarks

See 3,310 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort3,310 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$49.11M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$88K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

557

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

76.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5.17M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+19.84%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$98

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 2 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL10+ years Service code 37 · EIN 04-2647786	Loan Processing	$46,528
SENSIBA SAN FILIPPO LLP1 year Filed as: SENSIBA LLP Service code 10 · EIN 94-2370906	Accounting	$7,874

Plan features & details

Pension benefit codes2E2F2G2J2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

1 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$54K

$154 / participant

Recordkeeping$46K85.0%
Contract admin$3000.6%
Other / not subdivided$8K14.5%

% of EOY assets

0.111%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: SENSIBA LLP
Auditor EIN: 942370906
Audit fees: $7,874
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$88,168

$106,110-16.9%

$147,005-40.0%

$77,671+13.5%

Participation rate

76.8%

78.4%-1.6pp

82.2%-5.3pp

70.6%+6.3pp

Annual return

19.84%

56.77%-36.9pp

418.76%-398.9pp

31.21%-11.4pp

Employer contribution / active EE

$4,065-100.0%

$4,934-100.0%

$2,726-100.0%

Participant deferral / active EE

$14,607

$7,992+82.8%

$8,070+81.0%

$4,648+214.3%

Admin fee / account holder

$98

$338-71.1%

$13,006-99.2%

$430-77.3%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL10+ years

Service code 37 · EIN 04-2647786

Loan Processing

$46,528

SENSIBA SAN FILIPPO LLP1 year

Filed as: SENSIBA LLP

Service code 10 · EIN 94-2370906

Accounting

$7,874

DATASTAX, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DATASTAX, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion