Plan Ledger DOL Form 5500 · updated monthly

Seismic Software, Inc401(k)

SEISMIC 401(K) PLAN · SAN DEIGO, CA · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Seismic Software, Inc reported $219,774 in plan administrative expenses for 2024: 0.26% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,456 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 0.34% to 0.26%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other information & media employers. By assets it is the 1,049th-largest of 9,483 plans among California employers on file, and the 323rd of 2,199 in information & media. In 2024, employees put in $3.82 for every $1.00 the employer contributed; active participation has shrunk from 1,063 to 906 since 2022.

Plan summary
Net assets, end of year$94,768,930
Participants with balances1,138
Active participants906
Employer contributions$3,131,385
Employee contributions$11,970,400
Employer contribution per active participant$3,456
Average account balance$83,277
Benefits paid to participants$8,518,701
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$94.8M · 1,138 accts · $3.1M emplr
2023$74.9M · 1,179 accts · $3.6M emplr
2022$51.6M · 1,187 accts · $2.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$120,176
Investment management$99,598
Total administrative$219,774
The Seismic Software, Inc 401(k) match · 2024
Employer contribution per active participant$3,456
Median for plans this size$3,635
2024$3,456 per active participant
2023$3,656 per active participant
2022$2,382 per active participant

Seismic Software, Inc's 2024 employer contribution ran below the $3,635 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$120,176
MMA SECURITIES · Investment advisory (plan)$81,521
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$18,076

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$219,774 · 0.26%
2023$196,950 · 0.31%
2022$164,843 · 0.34%
Same employer
Similar plansInformation & Media · California
Kqed Inc. CA$105.0M · 0.16%
Magnite, Inc. CA$102.6M · 0.00%
Tencent America, LLC CA$102.0M · 0.13%
Zuora, Inc. CA$99.8M · 0.13%
O'Reilly Media, Inc. CA$94.5M · 0.22%
Niantic, Inc. CA$94.3M · 0.08%
Quinstreet, Inc. CA$82.3M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 273002342 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.