Retirement plan

TRAY.IO 401(K) PLAN

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

TRAY.IO, INCEIN 37-1785941Plan #001PY 2024

25 STILLMAN STREET - SAN FRANCISCO, CA 94107415-418-3570tray.ioLinkedIn201-500 employeescomputer software

Prospect flagsLow fidelity bondFailed to transmit contributions

How to read this page

Total assets (EOY)

$5.6M

+4.3% from 2023

Total participants

186

+5.7% from 2023

Average account balance

$32,205

-2.3% from 2023

Annual return

19.25%

-1.08 pp from 2023

Benchmarks

See 28,877 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort28,877 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.57M

Not enough data

1 years with asset history on file

Average account balance

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

$32K

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.

173

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.

71.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$642K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+19.25%

Not enough data

1 years with return on file

Admin fee / account holder

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

$111

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 1 by compensation

Provider	Service type	Compensation
HUMAN INTEREST ADVISOR LLC2 years Service code 13 · EIN 47-4307706 300 MONTGOMERY ST. SUITE 350 · SAN FRANCISCO, CT 94101	Contract Administrator	$19,253

Plan features & details

Pension benefit codes2E2F2G2J2T

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.

Opportunity flags

2 tripped

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$19K

$428 / participant

Investment mgmt$19K100.0%

% of EOY assets

0.346%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BAKER TILLY US, LLP
Auditor EIN: 301413443
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$32,205

$102,429-68.6%

$147,096-78.1%

$80,925-60.2%

Participation rate

71.1%

75.9%-4.8pp

82.2%-11.1pp

67.7%+3.5pp

Annual return

19.25%

135.02%-115.8pp

419.75%-400.5pp

35.65%-16.4pp

Employer contribution / active EE

$3,716-100.0%

$4,936-100.0%

$2,756-100.0%

Participant deferral / active EE

$14,262

$6,649+114.5%

$8,071+76.7%

$4,299+231.8%

Admin fee / account holder

$111

$7,957-98.6%

$13,005-99.1%

$6,940-98.4%

Provider

Service type

Compensation

HUMAN INTEREST ADVISOR LLC2 years

Service code 13 · EIN 47-4307706

300 MONTGOMERY ST. SUITE 350 · SAN FRANCISCO, CT 94101

Contract Administrator

$19,253

TRAY.IO 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TRAY.IO 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