Plan Ledger DOL Form 5500 · updated monthly

Soundthinking, Inc.401(k)

SHOTSPOTTER, INC. 401(K) PLAN · FREMONT, CA · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Soundthinking, Inc. reported $68,380 in plan administrative expenses for 2024: 0.43% of average plan assets, above the peer median. Employer contributions averaged $1,469 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 3 years on file its reported administrative ratio has held roughly steady near 0.43%. 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 3,884th-largest of 9,483 plans among California employers on file, and 5,895th of 11,654 in professional & technical services. In 2024, employees put in $5.37 for every $1.00 the employer contributed; active participation has grown from 204 to 323 since 2022.

Plan summary
Net assets, end of year$18,124,238
Participants with balances213
Active participants323
Employer contributions$474,476
Employee contributions$2,548,883
Employer contribution per active participant$1,469
Average account balance$85,090
Benefits paid to participants$1,041,552
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.1M · 213 accts · $474K emplr
2023$13.7M · 183 accts · $402K emplr
2022$10.0M · 147 accts · $363K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,162
Investment management$37,218
Total administrative$68,380
The Soundthinking, Inc. 401(k) match · 2024
Employer contribution per active participant$1,469
Median for plans this size$2,416
2024$1,469 per active participant
2023$1,362 per active participant
2022$1,781 per active participant

Soundthinking, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size. 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$31,162
ADVANCED RETIREMENT SOLUTIONS · Investment advisory (plan)$19,770
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$17,449

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

Administrative cost history3
2024$68,380 · 0.43%
2023$52,351 · 0.44%
2022$40,882 · 0.42%
Similar plansProfessional & Technical Services · California
Coda Project, Inc. CA$18.3M · 0.23%
Commure, Inc. CA$18.3M · 0.00%
Predicate Logic, Inc. CA$18.2M · 0.32%
Duffy Kruspodin, LLP CA$18.1M · 0.04%
4LEAF, Inc. CA$18.0M · 0.85%
Hirsch Bedner & Associates CA$17.9M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470949915 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.