Plan Ledger DOL Form 5500 · updated monthly

Seakr Engineering, LLC401(k)

SEAKR ENGINEERING, INC. 401(K) PLAN · CENTENNIAL, CO · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Seakr Engineering, LLC reported $15,575 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $13,825 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 0.03% 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 176th-largest of 1,461 plans among Colorado employers on file, and the 2,018th of 11,654 in professional & technical services. In 2024, the employer put in $1.09 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$71,936,130
Participants with balances632
Active participants454
Employer contributions$6,276,440
Employee contributions$5,784,480
Employer contribution per active participant$13,825
Average account balance$113,823
Benefits paid to participants$5,987,335
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$71.9M · 632 accts · $6.3M emplr
2023$56.1M · 625 accts · $7.6M emplr
2022$37.1M · 594 accts · $7.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,600
Investment management$11,975
Total administrative$15,575
The Seakr Engineering, LLC 401(k) match · 2024
Employer contribution per active participant$13,825
Median for plans this size$3,635
2024$13,825 per active participant
2023$14,801 per active participant
2022$14,503 per active participant

Seakr Engineering, LLC'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 · 20243
SCHWAB RETIREMENT PLAN SERVICES, IN · Recordkeeping · Investment advisory (participants)$9,184
OBERMEYER WOOD INVESTMENT COUN · Investment advisory (participants)$6,391
CHARLES SCHWAB & CO., INC. · Securities brokerage$1,302

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$15,575 · 0.02%
2023$9,557 · 0.02%
2022$9,514 · 0.03%
Same employer
Similar plansProfessional & Technical Services · Colorado
Sherman & Howard L.L.C. CO$110.7M · 0.08%
Icr Inc. CO$92.6M · 0.01%
Martin/Martin, Inc. CO$90.1M · 0.07%
Wheeler Trigg O'Donnell LLP CO$89.6M · 0.17%
National Cinemedia, LLC CO$68.4M · 0.18%
P2ES Holdings, LLC CO$68.1M · 0.08%
Ibotta, Inc. CO$64.9M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 841318847 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.