Appen Ai Inc 401(k) Review & Grade
Appen Ai Inc Retirement Plan
Kirkland, WAProfessional, Scientific & Technical Services923 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$610Employer $ per active participant
$1,525Employee $ saved per active participant
0.69%Direct admin cost, % of plan assets
$18.7MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity7.5 / 5015th percentile for employer $ per participant
- Low cost3.3 / 2513th percentile for low admin cost vs. same-size plans
- Employee saving1.1 / 158th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score2 / 100 · Grade F
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 15th |
| Lower admin cost | 13th |
| Employee saving | 8th |
| Peers that auto-enroll | 48% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($76,681 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
Corrective distributions: the plan refunded $1,016 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Appen Ai put in about $610 per active participant, below the typical peer ($3,082). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Direct plan expenses (0.69% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $563,041 |
| Participant (employee) contributions | $1,407,130 |
| Other contributions (incl. rollovers in) | $177,282 |
| Administrative expenses paid from the plan | $134,788 |
| Investment advisory & management fees | $50,360 |
| Benefits paid out | $6,045,449 |
| Net assets, start / end of year | $20.2M / $18.7M |
| Active participants, start / end of year | 1,696 / 150 |
| Participants with account balances | 397 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | BPM LLP |
Largest service providers (Schedule C)
| Adp, Inc. | $84,428 reported compensation |
| Creative Planning Holdco, LLC | $50,360 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014051151NAL0001038403001, received 2025-10-14, EIN 35-2238395, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.