401k Record

Employers › Wimbio

Wimbio 401(k)

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

$6.19

Higher than 5% of the 7,477 plans $1 to 10M that report it.

Source

= $780 / 126
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250801015225NAL0006731441030, received 2025-08-01
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250801015225NAL0006731441030, received 2025-08-01

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 2025-08-01.

Cost and contributions

Administrative expenses excluding investment management, per participant

$6.19

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

Higher than 3% of the 14,713 plans $1 to 10M that report it.

Source

= $780 / 126
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250801015225NAL0006731441030, received 2025-08-01
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250801015225NAL0006731441030, received 2025-08-01

Administrative expenses per participant

$42.92

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

Higher than 20% of the 15,210 plans $1 to 10M that report it.

Source

= $5,408 / 126
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250801015225NAL0006731441030, received 2025-08-01
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250801015225NAL0006731441030, received 2025-08-01

Administrative expenses as a share of assets

0.082%

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

Higher than 12% of the 15,243 plans $1 to 10M that report it.

Source

= $5,408 / $6,616,724
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250801015225NAL0006731441030, received 2025-08-01
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250801015225NAL0006731441030, received 2025-08-01

Employer contributions per participant

$3,882

10th: $357median $1,32390th: $2,861

Higher than 96% of the 13,342 plans $1 to 10M that report it.

Source

= $489,089 / 126
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250801015225NAL0006731441030, received 2025-08-01
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250801015225NAL0006731441030, received 2025-08-01

Employer share of total contributions

33.4%

10th: 11.9%median 28.9%90th: 43.6%

Higher than 66% of the 13,370 plans $1 to 10M that report it.

Source

= $489,089 / $1,465,795
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250801015225NAL0006731441030, received 2025-08-01
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250801015225NAL0006731441030, received 2025-08-01

Plan terms, as stated in Wimbio, 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 · 2K 401(m) arrangement · 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 20250801015225NAL0006731441030, received 2025-08-01

Full record, Raken 401(k) Plan

FieldValueSource
Plan sponsorRAKEN, INC.Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250801015225NAL0006731441030, received 2025-08-01
Plan nameRAKEN 401(K) PLANForm 5500, line 1a; PLAN_NAME pos 16; filing 20250801015225NAL0006731441030, received 2025-08-01
Sponsor EIN / plan number45-5301231 / 001Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250801015225NAL0006731441030, received 2025-08-01
Plan typesingle-employerForm 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250801015225NAL0006731441030, received 2025-08-01
Sponsor locationCARLSBAD, CAForm 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250801015225NAL0006731441030, received 2025-08-01
Industry (business code)511210, InformationForm 5500, line 2d; BUSINESS_CODE pos 46; filing 20250801015225NAL0006731441030, received 2025-08-01
Plan year2024-01-01 to 2024-12-31Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250801015225NAL0006731441030, received 2025-08-01
Filing received2025-08-01Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250801015225NAL0006731441030, received 2025-08-01
Final filingnoForm 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250801015225NAL0006731441030, received 2025-08-01
Amended filingnoForm 5500, Part I line B; AMENDED_IND pos 7; filing 20250801015225NAL0006731441030, received 2025-08-01
Participants, beginning of year123Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250801015225NAL0006731441030, received 2025-08-01
Active participants105Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250801015225NAL0006731441030, received 2025-08-01
Participants, end of year126Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250801015225NAL0006731441030, received 2025-08-01
Participants with an account balance126Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250801015225NAL0006731441030, received 2025-08-01
Total assets, beginning of year$4,841,844Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250801015225NAL0006731441030, received 2025-08-01
Total assets, end of year$6,616,724Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250801015225NAL0006731441030, received 2025-08-01
Net assets, end of year$6,616,724Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250801015225NAL0006731441030, received 2025-08-01
Total income$2,219,543Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250801015225NAL0006731441030, received 2025-08-01
Net income$1,774,880Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250801015225NAL0006731441030, received 2025-08-01
Employer contributions$489,089Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250801015225NAL0006731441030, received 2025-08-01
Participant contributions$930,337Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250801015225NAL0006731441030, received 2025-08-01
Other contributions (incl. rollovers)$46,369Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250801015225NAL0006731441030, received 2025-08-01
Total contributions$1,465,795Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250801015225NAL0006731441030, received 2025-08-01
Benefit payments$439,255Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250801015225NAL0006731441030, received 2025-08-01
Total expenses (incl. benefit payments)$444,663Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250801015225NAL0006731441030, received 2025-08-01
Total administrative expenses$5,408Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250801015225NAL0006731441030, received 2025-08-01
Recordkeeping fees$780Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250801015225NAL0006731441030, received 2025-08-01
Investment advisory and management fees$4,628Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250801015225NAL0006731441030, received 2025-08-01
Administrative expenses excluding investment management$780derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250801015225NAL0006731441030, received 2025-08-01
Held in mutual funds$6,527,976Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250801015225NAL0006731441030, received 2025-08-01
Independent auditorYULISHANA, INC.Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250801015225NAL0006731441030, received 2025-08-01

Position = column in the DOL layout for form year 2024. Filing 20250801015225NAL0006731441030, received 2025-08-01.

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 20250801015225NAL0006731441030, received 2025-08-01.

What changed since the 2023 plan year

Figure20232024Change
Total assets$4,841,844$6,616,72436.7%
Participants with a balance1211264.1%
Administrative expenses$3,480$5,40855.4%
Recordkeeping fees per participant$4.33$6.1942.9%
Employer contributions$473,066$489,0893.4%

Prior filing 20240606220041NAL0023072705009, received 2024-06-06; the plan years are contiguous.

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Sponsor name as filed: RAKEN, INC.; SEC registrant: Wimbio, Inc. (CIK 1570633, matched by EIN).