Plan Ledger DOL Form 5500 · updated monthly

Sensei Wellness Holdings Inc401(k)

SENSEI WELLNESS HOLDINGS INC 401(K) PROFIT SHARING PLAN & TRUST · SANTA MONICA, CA · plan year 2024

Reported admin expense ratio · 2024
1.00%

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

Sensei Wellness Holdings Inc reported $28,351 in plan administrative expenses for 2024: 1.00% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,324 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 1 year on file its reported administrative ratio fell from 1.34% to 1.00%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in California (7,649th of 9,483), and 1,680th of 2,534 in administrative & support services. In 2024, employees put in $1.63 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,410,025
Participants with balances215
Active participants208
Employer contributions$483,420
Employee contributions$787,896
Employer contribution per active participant$2,324
Average account balance$15,861
Benefits paid to participants$548,434
Plan auditUnmodified (clean) audit opinion
AuditorMIKE AVERSANO CPA, P.C.
Plan history2
Yearassets · accounts · employer contribution
2024$3.4M · 215 accts · $483K emplr
2023$2.3M · 246 accts · $280K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,451
Investment management$14,040
Trustee / custodial$860
Total administrative$28,351
The Sensei Wellness Holdings Inc 401(k) match · 2024
Employer contribution per active participant$2,324
Median for plans this size$1,313
2024$2,324 per active participant
2023$1,145 per active participant

Sensei Wellness Holdings 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
EXCEL WEALTH MANAGEMENT, LLC · Investment advisory (participants)$12,956
401K GENERATION · Contract administrator$9,527

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

Administrative cost history2
2024$28,351 · 1.00%
2023$22,401 · 1.34%
Same employer
Similar plansAdministrative & Support Services · California
Bayside Solutions Inc CA$3.6M · 0.49%
Villa Park Landscape CA$3.5M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 851924973 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.