Retirement plan

IDEALAB 401(K) PLAN

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

IDEALABEIN 95-4569774Plan #001PY 2024

130 W. UNION STREET - PASADENA, CA 91103626-685-4969idealab.comLinkedIn51-200 employeesinternet

Prospect flagsLow employer contribution

How to read this page

Total assets (EOY)

$16.7M

+12.1% from 2023

Total participants

109

-5.2% from 2023

Average account balance

$164,011

+19.8% from 2023

Annual return

13.24%

+0.87 pp from 2023

Benchmarks

See 143,710 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort143,710 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$16.73M

Not enough data

1 years with asset history on file

Average account balance

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

$164K

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.

102

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.

70.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$305K

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

+13.24%

Not enough data

1 years with return on file

Admin fee / account holder

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

$41

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 4 by compensation

Provider	Service type	Compensation
OAKWOOD CAPITAL SECURITIES, INC.2 years Filed as: OAKWOOD CAPITAL SECURITIES, INC Service code 55 600 HIGHWAY 169 S, STE, 1410 · MINNEAPOLIS, MN 55426	Other Commissions	$37,422
TRUOG-RYDING COMPANY, INC.10+ years Service code 13	Contract Administrator	$5,000
GREAT-WEST LIFE & ANNUITY INSURANCE3 years Filed as: EMPOWER ADVISORY GROUP,LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$3,288
TRUOG-RYDING COMPANY, INC.10+ years Filed as: TRUOG-RYDING COMPANY INC Service code 13 2659 TOWNSGATE ROAD, STE. 101 · WESTLAKE VLLAGE, CA 91361	Contract Administrator	$250

Plan features & details

Pension benefit codes2F2G2J2T3D3H

Plan features

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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

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

$4K

$176 / participant

Investment mgmt$3K78.4%
Contract admin$91521.6%

% of EOY assets

0.025%

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: MILLER KAPLAN ARASE LLP
Auditor EIN: 952036255
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$164,011

$160,040+2.5%

$147,096+11.5%

$145,877+12.4%

Participation rate

70.8%

84.0%-13.2pp

82.2%-11.3pp

80.3%-9.5pp

Annual return

13.24%

98.49%-85.3pp

419.75%-406.5pp

551.28%-538.0pp

Employer contribution / active EE

$5,289-100.0%

$4,936-100.0%

$4,663-100.0%

Participant deferral / active EE

$12,704

$8,429+50.7%

$8,071+57.4%

$6,691+89.9%

Admin fee / account holder

$41

$15,050-99.7%

$13,005-99.7%

$13,402-99.7%

Provider

Service type

Compensation

OAKWOOD CAPITAL SECURITIES, INC.2 years

Filed as: OAKWOOD CAPITAL SECURITIES, INC

Service code 55

600 HIGHWAY 169 S, STE, 1410 · MINNEAPOLIS, MN 55426

Other Commissions

$37,422

TRUOG-RYDING COMPANY, INC.10+ years

Service code 13

Contract Administrator

$5,000

GREAT-WEST LIFE & ANNUITY INSURANCE3 years

Filed as: EMPOWER ADVISORY GROUP,LLC

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$3,288

TRUOG-RYDING COMPANY, INC.10+ years

Filed as: TRUOG-RYDING COMPANY INC

Service code 13

2659 TOWNSGATE ROAD, STE. 101 · WESTLAKE VLLAGE, CA 91361

Contract Administrator

$250

IDEALAB 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

IDEALAB 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