Plan Ledger DOL Form 5500 · updated monthly

Singular Genomics Systems, Inc.401(k)

SINGULAR GENOMICS 401(K) PLAN · SAN DIEGO, CA · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Singular Genomics Systems, Inc. reported $31,195 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $2,447 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 0.22% to 0.25%. 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 4,590th-largest of 9,483 plans among California employers on file, and 6,851st of 11,654 in professional & technical services. In 2024, employees put in $4.74 for every $1.00 the employer contributed; active participation has shrunk from 274 to 195 since 2022.

Plan summary
Net assets, end of year$13,913,637
Participants with balances234
Active participants195
Employer contributions$477,101
Employee contributions$2,261,084
Employer contribution per active participant$2,447
Average account balance$59,460
Benefits paid to participants$1,716,817
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.9M · 234 accts · $477K emplr
2023$10.9M · 264 accts · $607K emplr
2022$6.4M · 231 accts · $501K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,195
Total administrative$31,195
The Singular Genomics Systems, Inc. 401(k) match · 2024
Employer contribution per active participant$2,447
Median for plans this size$2,416
2024$2,447 per active participant
2023$2,379 per active participant
2022$1,829 per active participant

Singular Genomics Systems, Inc.'s 2024 employer contribution ran above 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 · 20241

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$31,195 · 0.25%
2023$21,810 · 0.25%
2022$11,788 · 0.22%
Same employer
Similar plansProfessional & Technical Services · California
Roofstock, Inc. CA$14.0M · 0.20%
Soaprojects, Inc. CA$13.9M · 0.12%
Woods Bagot Architects PC CA$13.9M · 0.43%
Prosciento, Inc. CA$13.8M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 812948451 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.