Plan Ledger DOL Form 5500 · updated monthly

Seer, Inc.401(k)

SEER 401(K) PLAN · REDWOOD CITY, CA · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Seer, Inc. reported $34,150 in plan administrative expenses for 2024: 0.35% of average plan assets, below the peer median. Employer contributions averaged $4,238 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 0.43% to 0.35%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in California (5,110th of 9,483), and 7,581st of 11,654 in professional & technical services. In 2024, employees put in $3.37 for every $1.00 the employer contributed; active participation has shrunk from 161 to 127 since 2022.

Plan summary
Net assets, end of year$11,372,653
Participants with balances238
Active participants127
Employer contributions$538,199
Employee contributions$1,813,848
Employer contribution per active participant$4,238
Average account balance$47,784
Benefits paid to participants$1,145,235
Plan auditUnmodified (clean) audit opinion
AuditorLAVINE, LOFGREN, MORRIS,& ENGELBERG
Plan history3
Yearassets · accounts · employer contribution
2024$11.4M · 238 accts · $538K emplr
2023$8.2M · 201 accts · $425K emplr
2022$4.0M · 183 accts · $374K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$34,150
Total administrative$34,150
The Seer, Inc. 401(k) match · 2024
Employer contribution per active participant$4,238
Median for plans this size$1,313
2024$4,238 per active participant
2023$3,013 per active participant
2022$2,324 per active participant

Seer, Inc.'s 2024 employer contribution ran above the $1,313 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

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$34,150 · 0.35%
2023$24,334 · 0.40%
2022$14,738 · 0.43%
Similar plansProfessional & Technical Services · California
Consumertrack, Inc. CA$11.5M · 0.20%
Heliogen, Inc. CA$11.4M · 0.22%
Shape Security, Inc. CA$11.4M · 0.55%
Zymo Research Corporation CA$11.4M · 0.01%
Babcock Laboratories, Inc. CA$11.4M · 0.04%
Verify, Inc. CA$11.3M · 0.34%
Very Good Security, Inc. CA$11.3M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 821153150 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.