Plan Ledger DOL Form 5500 · updated monthly

Seeq Corporation401(k)

SEEQ 401(K) PLAN · SEATTLE, WA · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Seeq Corporation reported $12,383 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $50 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 0.01% to 0.07%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 669th-largest of 1,714 plans among Washington employers on file, and the 5,392nd of 11,654 in professional & technical services. In 2024, employees put in $291.00 for every $1.00 the employer contributed; active participation has grown from 147 to 184 since 2022.

Plan summary
Net assets, end of year$20,915,713
Participants with balances186
Active participants184
Employer contributions$9,124
Employee contributions$2,655,082
Employer contribution per active participant$50
Average account balance$112,450
Benefits paid to participants$1,338,977
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$20.9M · 186 accts · $9K emplr
2023$15.8M · 167 accts · $6K emplr
2022$10.3M · 165 accts · $951K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,169
Investment management$2,214
Total administrative$12,383
The Seeq Corporation 401(k) match · 2024
Employer contribution per active participant$50
Median for plans this size$2,416
2024$50 per active participant
2023$38 per active participant
2022$6,469 per active participant

Seeq Corporation's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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$10,169

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$12,383 · 0.07%
2023$396 · 0.00%
2022$1,148 · 0.01%
Same employer
Similar plansProfessional & Technical Services · Washington
Johnson-Barrow, Inc. WA$22.0M · 0.30%
Bsquare Corporation WA$21.8M · 0.32%
Dorian Studio, Inc. WA$21.5M · 0.21%
Casne Engineering, Inc. WA$21.1M · 0.49%
Logic 20/20 Inc WA$20.7M · 0.45%
Opportunity Council WA$20.6M · 0.33%
Wongdoody, Inc. WA$20.5M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 454986143 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.