Plan Ledger DOL Form 5500 · updated monthly

Skullcandy, Inc.401(k)

SKULLCANDY, INC. 401(K) PLAN · PARK CITY, UT · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Skullcandy, Inc. reported $17,165 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,225 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 0.00% to 0.09%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 303rd-largest of 848 plans among Utah employers on file, and the 1,880th of 4,246 in wholesale trade. In 2024, employees put in $2.00 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,126,637
Participants with balances258
Active participants129
Employer contributions$544,977
Employee contributions$1,088,372
Employer contribution per active participant$4,225
Average account balance$78,010
Benefits paid to participants$1,189,000
Plan auditUnmodified (clean) audit opinion
AuditorWSRP
Plan history3
Yearassets · accounts · employer contribution
2024$20.1M · 258 accts · $545K emplr
2023$16.6M · 241 accts · $466K emplr
2022$14.1M · 244 accts · $491K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,069
Investment management$16,096
Total administrative$17,165
The Skullcandy, Inc. 401(k) match · 2024
Employer contribution per active participant$4,225
Median for plans this size$2,416
2024$4,225 per active participant
2023$4,016 per active participant
2022$3,663 per active participant

Skullcandy, 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
AMERIPRISE FINANCIAL SERVICES INC · Investment advisory (plan)$16,096
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$1,069

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$17,165 · 0.09%
2023$15,850 · 0.10%
2022$225 · 0.00%
Same employer
Similar plansWholesale Trade · Utah
Morinda Holdings, Inc. UT$25.3M · 0.33%
Big West Oil Company, LLC UT$21.5M · 0.16%
Unicity International, Inc. UT$20.6M · 0.09%
Hoj Management Co., Inc. UT$18.6M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 562362196 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.