Plan Ledger DOL Form 5500 · updated monthly

Semler Scientific, Inc.401(k)

SEMLER SCIENTIFIC INC RETIREMENT TRUST · SANTA CLARA, CA · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Semler Scientific, Inc. reported $13,411 in plan administrative expenses for 2024: 0.19% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,308 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 0.04% to 0.19%. 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 (6,299th of 9,483), and 9,014th of 11,654 in professional & technical services. In 2024, employees put in $3.58 for every $1.00 the employer contributed; active participation has shrunk from 129 to 79 since 2022.

Plan summary
Net assets, end of year$7,101,059
Participants with balances92
Active participants79
Employer contributions$261,323
Employee contributions$935,017
Employer contribution per active participant$3,308
Average account balance$77,185
Benefits paid to participants$1,649,853
Plan auditUnmodified (clean) audit opinion
AuditorPRICEKUBECKA
Plan history3
Yearassets · accounts · employer contribution
2024$7.1M · 92 accts · $261K emplr
2023$6.8M · 113 accts · $370K emplr
2022$5.3M · 121 accts · $352K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,410
Investment management$9,001
Total administrative$13,411
The Semler Scientific, Inc. 401(k) match · 2024
Employer contribution per active participant$3,308
Median for plans this size$1,313
2024$3,308 per active participant
2023$3,982 per active participant
2022$2,731 per active participant

Semler Scientific, 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 · 20242
ASCENSUS LLC · Loan processing · Recordkeeping$4,410
GLOBAL RETIREMENT PARTNERS · Investment advisory (plan)$9,001

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Ascensus
2023Ascensus

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$13,411 · 0.19%
2023$3,630 · 0.06%
2022$2,115 · 0.04%
Same employer
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Sureprep LLC CA$7.2M · 0.03%
The Marine Mammal Center CA$7.1M · 0.96%
Legacy Effects, LLC CA$7.1M · 0.56%
Styleseat, Inc. CA$7.1M · 0.03%
Autox Technologies, Inc CA$7.0M · 0.21%
Rayzebio, Inc. CA$6.9M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261367393 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.