Plan Ledger DOL Form 5500 · updated monthly

Shamir Insight, Inc.401(k)

SHAMIR INSIGHT, INC. 401(K) PLAN · SAN DIEGO, CA · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Shamir Insight, Inc. reported $52,234 in plan administrative expenses for 2024: 0.46% of average plan assets, above the peer median. Employer contributions averaged $6,539 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 4 years on file its reported administrative ratio fell from 0.53% to 0.46%. 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 California (4,886th of 9,483), and 7,258th of 11,654 in professional & technical services. In 2024, employees put in $1.41 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,434,802
Participants with balances116
Active participants79
Employer contributions$516,572
Employee contributions$729,509
Employer contribution per active participant$6,539
Average account balance$107,197
Benefits paid to participants$663,868
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2024$12.4M · 116 accts · $517K emplr
2023$10.5M · 112 accts · $473K emplr
2022$7.8M · 100 accts · $410K emplr
2020$8.8M · 116 accts · $329K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$52,234
Total administrative$52,234
The Shamir Insight, Inc. 401(k) match · 2024
Employer contribution per active participant$6,539
Median for plans this size$2,416
2024$6,539 per active participant
2023$6,229 per active participant
2022$5,855 per active participant
2020$4,448 per active participant

Shamir Insight, 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 · 20241
EQUITABLE · Recordkeeping · Trustee (directed)$51,950

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

Recordkeeper by year2
2024EQUITABLE
2023EQUITABLE

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Administrative cost history4
2024$52,234 · 0.46%
2023$44,316 · 0.48%
2022$41,180 · 0.45%
2020$42,949 · 0.53%
Similar plansProfessional & Technical Services · California
Rapt Therapeutics, Inc. CA$12.6M · 0.53%
Teter, Inc. CA$12.5M · 0.53%
Titmouse Inc CA$12.5M · 0.67%
Monoprice, Inc. CA$12.4M · 0.54%
Pereira & O'Dell LLC CA$12.4M · 0.67%
Switchfly LLC CA$12.4M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954484968 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.