Plan Ledger DOL Form 5500 · updated monthly

Servicemax, Inc.401(k)

SERVICEMAX, INC. 401(K) PLAN · PLEASANTON, CA · plan year 2022

Reported admin expense ratio · 2022
0.29%

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

Servicemax, Inc. reported $83,083 in plan administrative expenses for 2022: 0.29% of average plan assets, above the peer median. Employer contributions averaged $7,852 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other professional & technical services employers. By assets it is the 2,720th-largest of 9,483 plans among California employers on file, and the 4,252nd of 11,654 in professional & technical services. In 2022, employees put in $2.44 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$29,284,004
Participants with balances434
Active participants271
Employer contributions$2,127,834
Employee contributions$5,186,672
Employer contribution per active participant$7,852
Average account balance$67,475
Benefits paid to participants$2,687,552
Plan auditUnmodified (clean) audit opinion
AuditorMAYER HOFFMAN MCCANN PC
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$29.3M · 434 accts · $2.1M emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$45,890
Investment management$37,193
Total administrative$83,083
The Servicemax, Inc. 401(k) match · 2022
Employer contribution per active participant$7,852
Median for plans this size$2,266

Servicemax, Inc.'s 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$83,083 · 0.29%
Same employer
Similar plansProfessional & Technical Services · California
Nio USA, Inc. CA$29.4M · 0.11%
Dmg Corporation CA$29.4M · 0.20%
Contrast Security, Inc. CA$29.3M · 0.09%
Wayne Perry, Inc. CA$29.1M · 0.10%
Cytomx Therapeutics Inc. CA$29.1M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 912044080 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.