Plan Ledger DOL Form 5500 · updated monthly

Sk Hynix Nand Product Solutions Corp.401(k)

SOLIDIGM 401(K) PLAN · RANCHO CORDOVA, CA · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Sk Hynix Nand Product Solutions Corp. reported $18,645 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,948 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 0.005% to 0.014%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 665th-largest of 9,483 plans among California employers on file, and the 1,350th of 13,661 in manufacturing. In 2024, employees put in $2.43 for every $1.00 the employer contributed; active participation has shrunk from 1,517 to 1,103 since 2022.

Plan summary
Net assets, end of year$160,624,795
Participants with balances1,462
Active participants1,103
Employer contributions$9,869,441
Employee contributions$23,978,809
Employer contribution per active participant$8,948
Average account balance$109,866
Benefits paid to participants$17,194,945
Plan auditUnmodified (clean) audit opinion
AuditorMACIAS, GINI & O'CONNELL LLP
Plan history3
Yearassets · accounts · employer contribution
2024$160.6M · 1,462 accts · $9.9M emplr
2023$111.2M · 1,515 accts · $13.7M emplr
2022$53.1M · 1,534 accts · $12.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,645
Total administrative$18,645
The Sk Hynix Nand Product Solutions Corp. 401(k) match · 2024
Employer contribution per active participant$8,948
Median for plans this size$3,635
2024$8,948 per active participant
2023$12,182 per active participant
2022$7,915 per active participant

Sk Hynix Nand Product Solutions Corp.'s 2024 employer contribution ran above the $3,635 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$18,645

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$18,645 · 0.01%
2023$12,009 · 0.01%
2022$2,715 · 0.01%
Same employer
Similar plansManufacturing · California
Karoun Dairies, LLC CA$163.8M · 0.16%
Blue Diamond Growers CA$162.0M · 0.12%
Amy's Kitchen, Inc. CA$161.3M · 0.21%
Georg Fischer Signet LLC CA$159.1M · 0.13%
Basic American, Inc. CA$158.6M · 0.33%
Sunpower Corporation CA$155.4M · 0.03%
Harmonic Inc. CA$154.3M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 862384522 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.