Plan Ledger DOL Form 5500 · updated monthly

Schrodinger, Inc.401(k)

SCHRODINGER, INC. 401(K) PROFIT SHARING PLAN & TRUST · PORTLAND, OR · plan year 2024

Reported admin expense ratio · 2024
0.02%

Peer grade: A · admin costs + employer contributions vs same-size plans · how grading works

Schrodinger, Inc. reported $27,191 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,815 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.06% to 0.02%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 85th-largest of 1,021 plans among Oregon employers on file, and the 1,163rd of 11,654 in professional & technical services. In 2024, employees put in $2.90 for every $1.00 the employer contributed; active participation has grown from 574 to 652 since 2022.

Plan summary
Net assets, end of year$134,511,309
Participants with balances760
Active participants652
Employer contributions$4,443,572
Employee contributions$12,872,750
Employer contribution per active participant$6,815
Average account balance$176,989
Benefits paid to participants$5,903,779
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$134.5M · 760 accts · $4.4M emplr
2023$102.9M · 716 accts · $4.0M emplr
2022$72.5M · 657 accts · $3.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,191
Total administrative$27,191
The Schrodinger, Inc. 401(k) match · 2024
Employer contribution per active participant$6,815
Median for plans this size$3,635
2024$6,815 per active participant
2023$6,356 per active participant
2022$5,650 per active participant

Schrodinger, Inc.'s 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$27,191

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$27,191 · 0.02%
2023$54,933 · 0.06%
2022$41,744 · 0.06%
Same employer
Similar plansProfessional & Technical Services · Oregon
Miller Nash LLP OR$162.1M · 0.01%
Akt Services, LLP OR$106.7M · 0.00%
Aldrich Services, LLP OR$98.3M · 0.00%
Smarsh, Inc. OR$90.1M · 0.06%
Klarquist Sparkman, LLP OR$86.8M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954284541 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.