Plan Ledger DOL Form 5500 · updated monthly

Sigma Defense Systems, LLC401(k)

SOLUTE 401(K) RETIREMENT SAVINGS PLAN · SAN DIEGO, CA · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Sigma Defense Systems, LLC reported $94,168 in plan administrative expenses for 2024: 0.21% of average plan assets, below the peer median. Employer contributions averaged $5,293 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 rose from 0.02% to 0.21%. 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 1,674th-largest of 9,483 plans among California employers on file, and the 2,605th of 11,654 in professional & technical services. In 2024, employees put in $1.56 for every $1.00 the employer contributed; active participation has grown from 197 to 503 since 2022.

Plan summary
Net assets, end of year$53,894,572
Participants with balances587
Active participants503
Employer contributions$2,662,338
Employee contributions$4,156,435
Employer contribution per active participant$5,293
Average account balance$91,814
Benefits paid to participants$5,870,306
Plan auditUnmodified (clean) audit opinion
AuditorTHE HIGHLANDS ACCOUNTING GROUP, INC
Plan history4
Yearassets · accounts · employer contribution
2025$0 · $1.7M emplr
2024$53.9M · 587 accts · $2.7M emplr
2023$36.7M · 492 accts · $792K emplr
2022$17.4M · 237 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$94,168
Total administrative$94,168
The Sigma Defense Systems, LLC 401(k) match · 2024
Employer contribution per active participant$5,293
Median for plans this size$2,416
2024$5,293 per active participant
2023$1,733 per active participant
2022$6,468 per active participant

Sigma Defense Systems, LLC'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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$94,168
CREATIVE PLANNING, LLC · 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 history4
2025Not separately reported
2024$94,168 · 0.21%
2023$30,759 · 0.11%
2022$3,298 · 0.02%
All plans at this employer2
SIGMA DEFENSE SYSTEMS, INC. 401(K) PLAN401(k)
SOLUTE 401(K) RETIREMENT SAVINGS PLAN401(k)
Same employer
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Lyra Health, Inc. CA$53.8M · 0.03%
Ware Malcomb CA$53.7M · 0.34%
Verkada, Inc. CA$53.4M · 0.12%
Gehry Partners, LLP CA$53.2M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 205844944 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.