Plan Ledger DOL Form 5500 · updated monthly

Sientra, Inc401(k)

SIENTRA, INC. 401(K) PLAN · CENTURY CITY, CA · plan year 2023

Reported admin expense ratio · 2023
0.39%

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

Sientra, Inc reported $65,600 in plan administrative expenses for 2023: 0.39% of average plan assets, above the peer median. Employer contributions averaged $3,049 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 1 year on file its reported administrative ratio fell from 0.48% to 0.39%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 3,904th-largest of 9,483 plans among California employers on file, and the 6,343rd of 13,661 in manufacturing. In 2023, employees put in $2.61 for every $1.00 the employer contributed; active participation has shrunk from 297 to 259 since 2022.

Plan summary
Net assets, end of year$18,004,062
Participants with balances397
Active participants259
Employer contributions$789,612
Employee contributions$2,062,989
Employer contribution per active participant$3,049
Average account balance$45,350
Benefits paid to participants$3,848,462
Plan auditUnmodified (clean) audit opinion
AuditorNASIF HICKS HARRIS & CO
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $358K emplr
2023$18.0M · 397 accts · $790K emplr
2022$16.0M · 434 accts · $782K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$30,999
Investment management$34,601
Total administrative$65,600
The Sientra, Inc 401(k) match · 2023
Employer contribution per active participant$3,049
Median for plans this size$2,440
2023$3,049 per active participant
2022$2,633 per active participant

Sientra, Inc's 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20235
ADP, INC. · Loan processing · Recordkeeping$30,999
MORGAN STANLEY SMITH BARNEY · Recordkeeping · Trustee$19,539
RAYMOND JAMES · Recordkeeping · Pension consulting$15,123
401K ADVISORS INC · Recordkeeping · Trustee$7,500
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP, Raymond James
2023401K ADVISORS INC, ADP, Morgan Stanley, Raymond James

This plan has changed recordkeepers within these filings. If you left Sientra, Inc before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024Not separately reported
2023$65,600 · 0.39%
2022$83,158 · 0.48%
Same employer
Similar plansManufacturing · California
Supherb Farms CA$18.1M · 0.36%
O'Keeffe's, Inc. CA$18.1M · 0.75%
Pankl Holdings, Inc. CA$18.0M · 0.29%
Drum Workshop, Inc. CA$17.9M · 0.39%
Leemah Electronics, Inc. CA$17.9M · 0.40%
Think Surgical, Inc. CA$17.8M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 205551000 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.