Plan Ledger DOL Form 5500 · updated monthly

Sherwood Design Engineers, LTD401(k)

SHERWOOD DESIGN ENGINEERS 401(K) PROFIT SHARING PLAN · SAN FRANCISCO, CA · plan year 2024

Reported admin expense ratio · 2024
0.06%

Sherwood Design Engineers, LTD reported $4,682 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. 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 fell from 0.07% to 0.06%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in California (5,847th of 9,483), and 8,453rd of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$8,625,828
Participants with balances162
Active participants99
Employer contributions—
Employee contributions$970,004
Employer contribution per active participant—
Average account balance$53,246
Benefits paid to participants$258,210
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.6M · 162 accts
2023$6.4M · 148 accts
2022$5.0M · 144 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,062
Investment management$3,620
Total administrative$4,682
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
INSPERITY RETIREMENT SERVICES · Recordkeeping · Loan processing$1,062
WILSHIRE ASSOCIATES · Consulting · Investment advisory (participants)$3,620

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

Recordkeeper by year2
2024INSPERITY RETIREMENT SERVICES
2023INSPERITY RETIREMENT SERVICES

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Administrative cost history3
2024$4,682 · 0.06%
2023$3,178 · 0.06%
2022$3,443 · 0.07%
Similar plansProfessional & Technical Services · California
Whalar Inc CA$8.7M · 0.15%
Veryon CA$8.6M · 0.23%
Hello Heart Inc. CA$8.6M · 0.49%
Ignition Creative, LLC CA$8.6M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201602119 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.