Plan Ledger DOL Form 5500 · updated monthly

Semrush, Inc.401(k)

SEMRUSH, INC. 401(K) PROFIT SHARING PLAN · BOSTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Semrush, Inc. reported $35,390 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $4,789 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 0.18% to 0.27%. 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 among the smaller plans on file in Massachusetts (1,495th of 2,726), and 6,309th of 11,654 in professional & technical services. In 2024, employees put in $1.62 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,167,497
Participants with balances415
Active participants324
Employer contributions$1,551,617
Employee contributions$2,506,011
Employer contribution per active participant$4,789
Average account balance$38,958
Benefits paid to participants$2,319,457
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.2M · 415 accts · $1.6M emplr
2023$10.2M · 347 accts · $1.3M emplr
2022$6.2M · 308 accts · $991K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,390
Total administrative$35,390
The Semrush, Inc. 401(k) match · 2024
Employer contribution per active participant$4,789
Median for plans this size$2,416
2024$4,789 per active participant
2023$4,283 per active participant
2022$3,315 per active participant

Semrush, Inc.'s 2024 employer contribution ran above the $2,416 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
THE FINWAY GROUP, LLC · Contract administrator$8,420
EMPOWER ADVISORY GROUP, LLC · Investment management$5,297

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$35,390 · 0.27%
2023$21,602 · 0.26%
2022$9,002 · 0.18%
Same employer
Similar plansProfessional & Technical Services · Massachusetts
Tango Therapeutics, Inc MA$16.4M · 0.25%
Asics Digital, Inc. MA$16.3M · 0.30%
Community Legal Aid, Inc. MA$16.1M · 0.03%
Puretech Management, Inc. MA$16.0M · 0.02%
Jobcase, Inc. MA$16.0M · 0.01%
Vecna Robotics, Inc. MA$16.0M · 0.15%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 900897948 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.