Plan Ledger DOL Form 5500 · updated monthly

Sciton Inc.401(k)

SCITON INC. 401(K) PROFIT SHARING PLAN & TRUST · PALO ALTO, CA · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Sciton Inc. reported $72,579 in plan administrative expenses for 2024: 0.18% of average plan assets, below the peer median. Employer contributions averaged $3,864 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 rose from 0.10% to 0.18%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,932nd-largest of 9,483 plans among California employers on file, and the 3,403rd of 13,661 in manufacturing. In 2024, employees put in $2.70 for every $1.00 the employer contributed; active participation has grown from 320 to 440 since 2022.

Plan summary
Net assets, end of year$44,805,198
Participants with balances524
Active participants440
Employer contributions$1,700,344
Employee contributions$4,589,956
Employer contribution per active participant$3,864
Average account balance$85,506
Benefits paid to participants$2,613,533
Plan auditUnmodified (clean) audit opinion
AuditorDOUGALL CONRADIE LLC
Plan history3
Yearassets · accounts · employer contribution
2024$44.8M · 524 accts · $1.7M emplr
2023$35.4M · 483 accts · $1.5M emplr
2022$25.5M · 399 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$68,899
Investment management$2,730
Total administrative$72,579
The Sciton Inc. 401(k) match · 2024
Employer contribution per active participant$3,864
Median for plans this size$2,416
2024$3,864 per active participant
2023$3,852 per active participant
2022$3,923 per active participant

Sciton Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size. 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 · 20243
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$2,730
ONEDIGITAL TOPCO LLCindirect comp

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$72,579 · 0.18%
2023$43,640 · 0.14%
2022$26,702 · 0.10%
Same employer
Similar plansManufacturing · California
Exemplis LLC CA$45.6M · 0.06%
Fit Electronics, Inc. CA$45.1M · 0.16%
Ips Corporation CA$44.8M · 0.43%
Presidio Components, Inc. CA$44.8M · 0.04%
Intevac, Inc. CA$44.4M · 0.17%
Uss-Upi, LLC CA$44.4M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 770463469 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.