Domo, Inc. 401(k) Review & Grade
Domo, Inc. 401(k) Plan
American Fork, UTInformation714 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$5,633Employer $ per active participant
$11,275Employee $ saved per active participant
0.13%Direct admin cost, % of plan assets
$123.4MNet plan assets, end of year
$131,012Average balance per account
Score breakdown
- Employer generosity42.6 / 5085th percentile for employer $ per participant
- Low cost16.7 / 2567th percentile for low admin cost vs. same-size plans
- Employee saving10.0 / 1567th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score72 / 100 · Grade B
This plan vs. peers
Peers: Information plans with 500–2,499 active participants (310 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 85th |
| Lower admin cost | 67th |
| Employee saving | 67th |
| Peers that auto-enroll | 59% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Domo put in about $5,633 per active participant, more than the typical peer ($2,829). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- 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.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- 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 | $4,021,663 |
| Participant (employee) contributions | $8,050,448 |
| Other contributions (incl. rollovers in) | $938,141 |
| Administrative expenses paid from the plan | $151,510 |
| Contract administrator fees | $2,100 |
| Investment advisory & management fees | $110,076 |
| Benefits paid out | $11,239,091 |
| Net assets, start / end of year | $105.6M / $123.4M |
| Active participants, start / end of year | 741 / 687 |
| Participants with account balances | 942 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Tanner LLC |
Largest service providers (Schedule C)
| LPL Financial LLC | $44,995 reported compensation |
| Leafhouse | $43,821 reported compensation |
| Fidelity Investments Institutional | $41,652 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250820141252NAL0003361185001, received 2025-08-20, EIN 87-0554725, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.