Plan Ledger DOL Form 5500 · updated monthly

Sherpa 6, Inc.401(k)

SHERPA 6, INC. 401(K) PROFIT SHARING PLAN · LITTLETON, CO · plan year 2024

Reported admin expense ratio · 2024
0.75%

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

Sherpa 6, Inc. reported $88,210 in plan administrative expenses for 2024: 0.75% of average plan assets, higher than ~90% of peers. Employer contributions averaged $5,051 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 has held roughly steady near 0.745%. 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 the 671st-largest of 1,461 plans among Colorado employers on file, and 6,825th of 11,654 in professional & technical services. In 2024, employees put in $1.68 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,005,112
Participants with balances167
Active participants183
Employer contributions$924,243
Employee contributions$1,549,099
Employer contribution per active participant$5,051
Average account balance$83,863
Benefits paid to participants$508,772
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$14.0M · 167 accts · $924K emplr
2023$9.7M · 143 accts · $788K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,446
Investment management$86,764
Total administrative$88,210
The Sherpa 6, Inc. 401(k) match · 2024
Employer contribution per active participant$5,051
Median for plans this size$2,416
2024$5,051 per active participant
2023$4,988 per active participant

Sherpa 6, 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
MERRILL LYNCH · Investment advisory (participants)indirect comp

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$88,210 · 0.75%
2023$59,072 · 0.75%
Same employer
Similar plansProfessional & Technical Services · Colorado
Peak Dental Services, Inc. CO$14.1M · 0.78%
Yeh and Associates, Inc. CO$13.4M · 0.20%
Kahuna USA LLC CO$13.2M · 0.55%
Isys Technologies CO$12.7M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 823480001 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.