California › Professional, scientific and technical services › 250 to 499 participants
Form 5500 statement · plan year 1 Jul 2025 to 31 Dec 2025
Planetart LLC 401(k) Plan & Trust
Sponsored by Planetart, LLC, Pleasanton, CA
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
Planetart LLC 401(k) Plan & Trust is a 401(k) plan sponsored by Planetart, LLC of Pleasanton, California. For the plan year ending 31 Dec 2025 it reported 366 participants, 311 of them active, and net assets of $30.8M.
Net assets came to $84,149 per participant, well above the $48,746 median for defined contribution plans with 250 to 499 participants and above the $73,951 median for defined contribution plans in professional, scientific and technical services. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
The employer contributed $309K during the year, or $995 per active participant against a same-size median of $2,017; participants contributed $949K and $1.3M arrived as rollovers and other contributions. Benefits paid out totalled $2.4M.
Schedule C lists 5 service provider organisations paid $5,000 or more, with reported compensation of $80K: $219 per participant, well above the same-size median of $141. Administrative expenses charged to the plan were $80K. Schedule C does not capture every cost: fees netted from fund returns and fees the employer pays directly are outside it.
The independent accountant's opinion on the financial statements was unmodified (unqualified), from an audit whose scope was limited under ERISA section 103(a)(3)(C) to exclude investment information certified by a bank or insurer.
Compared with similar plans
| Measure | This plan | Same size | Same industry | All US DC plans |
|---|---|---|---|---|
| Net assets per participant | $84,149 | $48,746 | $73,951 | $53,102 |
| Employer contributions per active participant | $995 | $2,017 | $3,219 | $2,175 |
| Schedule C compensation per participant | $219 | $141 | $148 | $123 |
| Schedule C compensation, share of net assets | 0.26% | 0.30% | 0.22% | 0.26% |
| Administrative expenses per participant | $219 | $133 | $140 | $116 |
Peer columns are medians for plan year 2024 across defined contribution plans with 100 or more participants: 250 to 499 participants (17,456 plans), professional, scientific and technical services (9,776) and all US plans (63,460). Fee medians cover plans that report an amount.
Statement for the year
- Net assets, beginning of year$0
- Employer contributions$309,408
- Participant contributions$949,409
- Rollovers and other contributions$1,250,492
- Total contributions$2,509,309
- Total income, including investment results$4,641,312
- Benefits paid$2,436,302
- Administrative expenses$80,237
- Total expenses$2,516,539
- Net income$2,124,773
- Net transfers$28,673,863
- Net assets, end of year$30,798,636
Participants
- Active participants311
- Retired or separated, receiving benefits0
- Retired or separated, entitled to future benefits53
- Participants with account balances325
- Total participants, end of year366
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| Principal Life Insurance Company | Contract Administrator; Participant loan processing | $58,702 | $0 |
| Anchor Point Financial | Investment advisory (plan) | $0 | $11,535 |
| Orenda Retirement LLC | Contract Administrator; Other services | $0 | $9,500 |
| Sam Luis Wealth Advisors | Investment advisory (plan) | $0 | $500 |
| Wilshire Advisors LLC | Investment advisory (plan) | $0 | $0 |
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Administrative expenses on Schedule H
- Contract administrator fees$80,237
- Total administrative expenses$80,237
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Pooled separate accounts$21.0M · 68.1%
- Registered investment companies (mutual funds)$8.8M · 28.6%
- Insurance company general account$390K · 1.3%
- Participant loans$321K · 1.0%
- Receivables$309K · 1.0%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)Yes
- Accounting firmTrailbreaker Accounting PLLC
- Participant contributions reported as transmitted lateNo
- Covered by a fidelity bondYes, $500,000
- Blackout period during the yearNo
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
2EProfit-sharing plan2JCode section 401(k) feature2KCode section 401(m) arrangement2FERISA section 404(c) plan2GTotal participant-directed account plan3DPre-approved pension plan
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 541519: Other Computer Related Services.
Similar plans in California
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Zazzle Inc. 401(k) Plan | Zazzle, Inc. | 367 | $35.7M | $97,370 |
| Toyon Research Corporation Employee Stock Ownership Plan | Toyon Research Corpporation Emp Stock Ownership Plan | 366 | $225M | $615,455 |
| Hackerone Inc. Retirement Trust | Hackerone Inc. | 368 | $19.3M | $52,341 |
| Angellist Retirement Plan | Al Venture, LLC | 365 | $15.1M | $41,351 |
| 3E Retirement Savings Plan | 3E Company Environmental, Ecological and Engineering | 368 | $31.0M | $84,298 |
| Brain Corporation 401(k) Plan | Brain Corporation | 365 | $29.0M | $79,569 |
Defined contribution plans in professional, scientific and technical services closest in size.
Questions and answers
How big is Planetart LLC 401(k) Plan & Trust?
366 participants at the end of the plan year ending 31 Dec 2025, of whom 311 were active employees, with net assets of $30,798,636. Among defined contribution plans that places it in the 250 to 499 participants band, which held 17,456 plans in plan year 2024.
What does Planetart, LLC contribute per participant?
The filing reports $309,408 in employer contributions for the year, which is $995 per active participant; the median for plans of the same type and size was $2,017 in plan year 2024. Form 5500 reports the total only. It does not state the match formula, and the per-participant figure is an average, not any one person's contribution.
What fees does the plan pay and how do they compare?
Schedule C reports $80,237 in compensation to service provider organisations, $219 per participant or 0.26% of net assets. The same-size median among plans reporting any Schedule C compensation was $141 per participant. Administrative expenses on Schedule H were $80,237. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is Planetart, LLC. Recordkeeping or administration: Principal Life Insurance Company and Orenda Retirement LLC. Investment advisory or management: Anchor Point Financial, Sam Luis Wealth Advisors and Wilshire Advisors LLC. The financial statements were audited by Trailbreaker Accounting PLLC. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an unmodified (unqualified) opinion from a limited-scope audit, in which the accountant did not audit investment information certified by a bank or insurance company. Unmodified (formerly "unqualified") is the standard clean opinion.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Jul 2025 to 31 Dec 2025, received by the Department of Labor on 25 Jun 2026. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 47-4662682, plan 001, received 25 Jun 2026; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.