Plan Ledger DOL Form 5500 · updated monthly

Sila Nanotechnologies, Inc.401(k)

SILA NANOTECHNOLOGIES 401(K) PLAN · ALAMEDA, CA · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Sila Nanotechnologies, Inc. reported $31,799 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,138 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 0.01% to 0.09%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 2,018th-largest of 9,483 plans among California employers on file, and the 3,513th of 13,661 in manufacturing. In 2024, employees put in $3.44 for every $1.00 the employer contributed; active participation has grown from 316 to 414 since 2022.

Plan summary
Net assets, end of year$42,829,188
Participants with balances513
Active participants414
Employer contributions$1,713,208
Employee contributions$5,885,375
Employer contribution per active participant$4,138
Average account balance$83,488
Benefits paid to participants$3,018,371
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$42.8M · 513 accts · $1.7M emplr
2023$31.3M · 430 accts · $1.6M emplr
2022$19.7M · 364 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,308
Investment management$4,591
Audit (IQPA)$7,700
Total administrative$31,799
The Sila Nanotechnologies, Inc. 401(k) match · 2024
Employer contribution per active participant$4,138
Median for plans this size$2,416
2024$4,138 per active participant
2023$4,432 per active participant
2022$4,411 per active participant

Sila Nanotechnologies, 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$12,308
LEE CPA AUDIT GROUP · Accounting / audit$7,200

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$31,799 · 0.09%
2023$7,057 · 0.03%
2022$2,034 · 0.01%
Same employer
Similar plansManufacturing · California
Nellson Nutraceutical, LLC CA$43.1M · 0.41%
Satco, Inc. CA$43.0M · 0.17%
Talley Inc. CA$43.0M · 0.40%
Bonterra Organic Estates CA$42.8M · 0.12%
Carbon, Inc. CA$42.5M · 0.09%
Amada Weld Tech Inc. CA$42.3M · 0.17%
Astex Pharmaceuticals, Inc. CA$42.2M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 452982641 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.