Employers › Workrise Technologies
Recordkeeping fees per participant · Workrise Technologies, Inc. 401(k) Plan · plan year 2024
$107.47
Higher than 77% of the 5,847 plans $50 to 250M that report it.
= $180,654 / 1,681
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250729101439NAL0004394576001, received 2025-07-29
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250729101439NAL0004394576001, received 2025-07-29
Percentiles compare this plan with the Schedule H plans $50 to 250M 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 2025-07-29.
Administrative expenses excluding investment management, per participant
$128.30
Higher than 68% of the 8,758 plans $50 to 250M that report it.
= $215,664 / 1,681
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250729101439NAL0004394576001, received 2025-07-29
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250729101439NAL0004394576001, received 2025-07-29
Administrative expenses per participant
$161.55
Higher than 61% of the 9,042 plans $50 to 250M that report it.
= $271,570 / 1,681
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250729101439NAL0004394576001, received 2025-07-29
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250729101439NAL0004394576001, received 2025-07-29
Administrative expenses as a share of assets
0.356%
Higher than 92% of the 9,049 plans $50 to 250M that report it.
= $271,570 / $76,223,646
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250729101439NAL0004394576001, received 2025-07-29
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250729101439NAL0004394576001, received 2025-07-29
Employer contributions per participant
$2,600
Higher than 47% of the 9,105 plans $50 to 250M that report it.
= $4,370,366 / 1,681
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250729101439NAL0004394576001, received 2025-07-29
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250729101439NAL0004394576001, received 2025-07-29
Employer share of total contributions
23.8%
Higher than 31% of the 9,112 plans $50 to 250M that report it.
= $4,370,366 / $18,361,421
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250729101439NAL0004394576001, received 2025-07-29
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250729101439NAL0004394576001, received 2025-07-29
Plan terms are not published in public filings.
2E profit-sharing · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2T default investment (QDIA) · 3H controlled-group sponsor · 3D IRS pre-approved plan · 2F ERISA 404(c) plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250729101439NAL0004394576001, received 2025-07-29
| Field | Value | Source |
|---|---|---|
| Plan sponsor | WORKRISE TECHNOLOGIES, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250729101439NAL0004394576001, received 2025-07-29 |
| Plan name | WORKRISE TECHNOLOGIES, INC. 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250729101439NAL0004394576001, received 2025-07-29 |
| Sponsor EIN / plan number | 46-5175744 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250729101439NAL0004394576001, received 2025-07-29 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250729101439NAL0004394576001, received 2025-07-29 |
| Sponsor location | AUSTIN, TX | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250729101439NAL0004394576001, received 2025-07-29 |
| Industry (business code) | 541600, Professional, scientific, and technical services | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250729101439NAL0004394576001, received 2025-07-29 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250729101439NAL0004394576001, received 2025-07-29 |
| Filing received | 2025-07-29 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250729101439NAL0004394576001, received 2025-07-29 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250729101439NAL0004394576001, received 2025-07-29 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250729101439NAL0004394576001, received 2025-07-29 |
| Participants, beginning of year | 2,585 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250729101439NAL0004394576001, received 2025-07-29 |
| Active participants | 2,152 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250729101439NAL0004394576001, received 2025-07-29 |
| Participants, end of year | 2,831 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250729101439NAL0004394576001, received 2025-07-29 |
| Participants with an account balance | 1,681 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250729101439NAL0004394576001, received 2025-07-29 |
| Total assets, beginning of year | $59,870,343 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250729101439NAL0004394576001, received 2025-07-29 |
| Total assets, end of year | $76,223,646 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250729101439NAL0004394576001, received 2025-07-29 |
| Net assets, end of year | $76,223,646 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250729101439NAL0004394576001, received 2025-07-29 |
| Total income | $26,745,028 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250729101439NAL0004394576001, received 2025-07-29 |
| Net income | $16,353,303 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250729101439NAL0004394576001, received 2025-07-29 |
| Employer contributions | $4,370,366 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250729101439NAL0004394576001, received 2025-07-29 |
| Participant contributions | $11,247,763 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250729101439NAL0004394576001, received 2025-07-29 |
| Other contributions (incl. rollovers) | $2,743,292 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250729101439NAL0004394576001, received 2025-07-29 |
| Total contributions | $18,361,421 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250729101439NAL0004394576001, received 2025-07-29 |
| Benefit payments | $10,092,949 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250729101439NAL0004394576001, received 2025-07-29 |
| Total expenses (incl. benefit payments) | $10,391,725 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250729101439NAL0004394576001, received 2025-07-29 |
| Total administrative expenses | $271,570 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250729101439NAL0004394576001, received 2025-07-29 |
| Contract administrator fees | $900 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250729101439NAL0004394576001, received 2025-07-29 |
| Recordkeeping fees | $180,654 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250729101439NAL0004394576001, received 2025-07-29 |
| IQPA audit fees | $34,110 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250729101439NAL0004394576001, received 2025-07-29 |
| Investment advisory and management fees | $55,906 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250729101439NAL0004394576001, received 2025-07-29 |
| Administrative expenses excluding investment management | $215,664 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250729101439NAL0004394576001, received 2025-07-29 |
| Held in master trusts | $0 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20250729101439NAL0004394576001, received 2025-07-29 |
| Held in common/collective trusts | $0 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250729101439NAL0004394576001, received 2025-07-29 |
| Held in mutual funds | $73,467,422 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250729101439NAL0004394576001, received 2025-07-29 |
| Independent auditor | SAVILLE CPAS AND ADVISORS, LLC | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250729101439NAL0004394576001, received 2025-07-29 |
Position = column in the DOL layout for form year 2024. Filing 20250729101439NAL0004394576001, received 2025-07-29.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | RECORDKEEPER | 37 Participant loan processing; 60 Sub-transfer agency fees; 64 Recordkeeping fees; 65 Account maintenance fees | $181,554 | yes |
| WELLS FARGO CLEARING SERVICES LLC | ADVISOR | 27 Investment advisory (plan) | $55,906 | no |
| SAVILLE CPAS & ADVISORS, L.L.C. | ACCOUNTANT/AUDITOR | 10 Accounting (including auditing) | $34,110 | no |
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 20250729101439NAL0004394576001, received 2025-07-29.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $59,870,343 | $76,223,646 | 27.3% |
| Participants with a balance | 1,604 | 1,681 | 4.8% |
| Administrative expenses | $182,534 | $271,570 | 48.8% |
| Recordkeeping fees per participant | $79.27 | $107.47 | 35.6% |
| Employer contributions | $3,908,132 | $4,370,366 | 11.8% |
Prior filing 20240719144148NAL0004500115001, received 2024-07-19; the plan years are contiguous.
Sponsor name as filed: WORKRISE TECHNOLOGIES, INC.; SEC registrant: Workrise Technologies Inc. (CIK 1609236, matched by EIN).