Retirement plan

GLADLY SOFTWARE, INC. RETIREMENT TRUST

Name: GLADLY SOFTWARE, INC. - GLADLY SOFTWARE, INC. RETIREMENT TRUST (2024) Form 5500
Creator: GLADLY SOFTWARE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GLADLY SOFTWARE, INC. RETIREMENT TRUST, GLADLY SOFTWARE, INC.

GLADLY SOFTWARE, INC.EIN 47-1938875Plan #001PY 2024

423 BROADWAY, #503 - MILLBRAE, CA 94030415-725-0811

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$14.3M

+33.9% from 2023

Total participants

239

-0.8% from 2023

Average account balance

$70,492

+33.9% from 2023

Annual return

26.71%

-6.03 pp from 2023

Benchmarks

See 1,009 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants100-249

Cohort1,009 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$14.31M

Not enough data

1 years with asset history on file

Average account balance

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

$70K

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.

203

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.

78.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.12M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+26.71%

Not enough data

1 years with return on file

Admin fee / account holder

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

$101

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
DECIMAL, INC.4 years Filed as: DECIMAL,INC. Service code 14 · EIN 75-3182674 44 MONTGOMERY STREET · SAN FRANCISCO, CA 94104	Plan Administrator	$16,913

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

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

$20K

$123 / participant

Recordkeeping$17K82.8%
Trustee / custodial$4K17.2%

% of EOY assets

0.143%

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: FRANK RIMERMAN + CO. LLP
Auditor EIN: 941341042
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$70,492

$79,169-11.0%

$100,415-29.8%

$74,478-5.4%

Participation rate

78.3%

79.4%-1.1pp

81.5%-3.2pp

67.2%+11.1pp

Annual return

26.71%

20.51%+6.2pp

49.47%-22.8pp

1370.56%-1343.9pp

Employer contribution / active EE

$3,017-100.0%

$3,943-100.0%

$2,626-100.0%

Participant deferral / active EE

$12,766

$7,751+64.7%

$8,091+57.8%

$4,350+193.4%

Admin fee / account holder

$101

$1,337-92.5%

$7,906-98.7%

$1,946-94.8%

Provider

Service type

Compensation

DECIMAL, INC.4 years

Filed as: DECIMAL,INC.

Service code 14 · EIN 75-3182674

44 MONTGOMERY STREET · SAN FRANCISCO, CA 94104

Plan Administrator

$16,913

GLADLY SOFTWARE, INC. RETIREMENT TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GLADLY SOFTWARE, INC. RETIREMENT TRUST

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