Kidango, Inc. 401(k) Review & Grade
401(k) Profit-Sharing Plan for Employees of Kidango, Inc.
Fremont, CAHealth Care & Social Assistance756 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,655Employer $ per active participant
$3,204Employee $ saved per active participant
0.01%Direct admin cost, % of plan assets
$16.2MNet plan assets, end of year
$34,305Average balance per account
Score breakdown
- Employer generosity32.2 / 5064th percentile for employer $ per participant
- Low cost24.2 / 2597th percentile for low admin cost vs. same-size plans
- Employee saving8.8 / 1559th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score68 / 100 · Grade B
This plan vs. peers
Peers: Health Care & Social Assistance plans with 500–2,499 active participants (1,427 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 64th |
| Lower admin cost | 97th |
| Employee saving | 59th |
| Peers that auto-enroll | 36% |
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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
- Kidango put in about $1,655 per active participant, more than the typical peer ($976). 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 | $1,250,611 |
| Participant (employee) contributions | $2,420,373 |
| Other contributions (incl. rollovers in) | $87,551 |
| Administrative expenses paid from the plan | $2,080 |
| Benefits paid out | $1,078,356 |
| Net assets, start / end of year | $11.7M / $16.2M |
| Active participants, start / end of year | 720 / 791 |
| Participants with account balances | 472 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Pension Assurance LLP |
Largest service providers (Schedule C)
| Adp Broker-Dealer | $0 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015231858NAL0002945795001, received 2025-10-16, EIN 94-2581686, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.