401k Record

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PassiveLogic 401(k)

Recordkeeping fees per participant · Passivelogic 401(k) Plan · plan year 2024

$11.76

Higher than 11% of the 7,477 plans $1 to 10M that report it.

Source

= $1,576 / 134
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20260217210424NAL0007398451004, received 2026-02-17
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20260217210424NAL0007398451004, received 2026-02-17

10th: $11.10median $71.5290th: $209.21

Percentiles compare this plan with the Schedule H plans $1 to 10M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2026-02-17.

Cost and contributions

Administrative expenses excluding investment management, per participant

$11.76

10th: $13.66median $103.3390th: $302.77

Higher than 8% of the 14,713 plans $1 to 10M that report it.

Source

= $1,576 / 134
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20260217210424NAL0007398451004, received 2026-02-17
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20260217210424NAL0007398451004, received 2026-02-17

Administrative expenses per participant

$23.63

10th: $19.42median $150.2790th: $370.75

Higher than 12% of the 15,210 plans $1 to 10M that report it.

Source

= $3,166 / 134
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20260217210424NAL0007398451004, received 2026-02-17
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20260217210424NAL0007398451004, received 2026-02-17

Administrative expenses as a share of assets

0.123%

10th: 0.069%median 0.519%90th: 1.146%

Higher than 17% of the 15,243 plans $1 to 10M that report it.

Source

= $3,166 / $2,565,195
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20260217210424NAL0007398451004, received 2026-02-17
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20260217210424NAL0007398451004, received 2026-02-17

Employer contributions per participant

$0

Fewer than 50 comparable plans report this figure; no percentile.

Source

= $0 / 134
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20260217210424NAL0007398451004, received 2026-02-17
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20260217210424NAL0007398451004, received 2026-02-17

Employer share of total contributions

0.0%

Fewer than 50 comparable plans report this figure; no percentile.

Source

= $0 / $926,950
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20260217210424NAL0007398451004, received 2026-02-17
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20260217210424NAL0007398451004, received 2026-02-17

Plan terms, as stated in PassiveLogic, Inc.'s SEC filings

Plan terms are not published in public filings.

Plan features

2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2S pre-approved plan document · 2T default investment (QDIA) · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20260217210424NAL0007398451004, received 2026-02-17

Full record, Passivelogic 401(k) Plan

FieldValueSource
Plan sponsorPASSIVELOGIC, INC.Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20260217210424NAL0007398451004, received 2026-02-17
Plan namePASSIVELOGIC 401(K) PLANForm 5500, line 1a; PLAN_NAME pos 16; filing 20260217210424NAL0007398451004, received 2026-02-17
Sponsor EIN / plan number81-1668888 / 001Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20260217210424NAL0007398451004, received 2026-02-17
Plan typesingle-employerForm 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20260217210424NAL0007398451004, received 2026-02-17
Sponsor locationHOLLADAY, UTForm 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20260217210424NAL0007398451004, received 2026-02-17
Industry (business code)334500, ManufacturingForm 5500, line 2d; BUSINESS_CODE pos 46; filing 20260217210424NAL0007398451004, received 2026-02-17
Plan year2024-01-01 to 2024-12-31Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20260217210424NAL0007398451004, received 2026-02-17
Filing received2026-02-17Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20260217210424NAL0007398451004, received 2026-02-17
Final filingnoForm 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20260217210424NAL0007398451004, received 2026-02-17
Amended filingyesForm 5500, Part I line B; AMENDED_IND pos 7; filing 20260217210424NAL0007398451004, received 2026-02-17
Participants, beginning of year144Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20260217210424NAL0007398451004, received 2026-02-17
Active participants112Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20260217210424NAL0007398451004, received 2026-02-17
Participants, end of year156Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20260217210424NAL0007398451004, received 2026-02-17
Participants with an account balance134Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20260217210424NAL0007398451004, received 2026-02-17
Total assets, beginning of year$1,628,925Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20260217210424NAL0007398451004, received 2026-02-17
Total assets, end of year$2,565,195Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20260217210424NAL0007398451004, received 2026-02-17
Net assets, end of year$2,565,195Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20260217210424NAL0007398451004, received 2026-02-17
Total income$1,184,226Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20260217210424NAL0007398451004, received 2026-02-17
Net income$936,270Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20260217210424NAL0007398451004, received 2026-02-17
Employer contributions$0Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20260217210424NAL0007398451004, received 2026-02-17
Participant contributions$713,047Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20260217210424NAL0007398451004, received 2026-02-17
Other contributions (incl. rollovers)$213,903Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20260217210424NAL0007398451004, received 2026-02-17
Total contributions$926,950Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20260217210424NAL0007398451004, received 2026-02-17
Benefit payments$244,790Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20260217210424NAL0007398451004, received 2026-02-17
Total expenses (incl. benefit payments)$247,956Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20260217210424NAL0007398451004, received 2026-02-17
Total administrative expenses$3,166Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20260217210424NAL0007398451004, received 2026-02-17
Recordkeeping fees$1,576Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20260217210424NAL0007398451004, received 2026-02-17
Investment advisory and management fees$1,590Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20260217210424NAL0007398451004, received 2026-02-17
Administrative expenses excluding investment management$1,576derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20260217210424NAL0007398451004, received 2026-02-17
Held in mutual funds$2,561,692Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20260217210424NAL0007398451004, received 2026-02-17

Position = column in the DOL layout for form year 2024. Filing 20260217210424NAL0007398451004, received 2026-02-17.

Service providers paid directly by the plan

No Schedule C line 2 providers are listed on this filing.

Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20260217210424NAL0007398451004, received 2026-02-17.

What changed since the 2023 plan year

Figure20232024Change
Total assets$1,628,925$2,565,19557.5%
Participants with a balance1251347.2%
Administrative expenses$1,920$3,16664.9%
Recordkeeping fees per participantnot reported$11.76
Employer contributions$0$0

Prior filing 20240514220240NAL0048383985097, received 2024-05-14; the plan years are contiguous.

Alerts, claims and corrections

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Sponsor name as filed: PASSIVELOGIC, INC.; SEC registrant: PassiveLogic, Inc. (CIK 1817717, matched by EIN).