Plan Ledger DOL Form 5500 · updated monthly

Smarsh, Inc.401(k)

SMARSH 401(K) PLAN · PORTLAND, OR · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Smarsh, Inc. reported $51,409 in plan administrative expenses for 2024: 0.06% of average plan assets, below the peer median. Employer contributions averaged $6,013 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 fell from 0.07% to 0.06%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 115th-largest of 1,021 plans among Oregon employers on file, and the 1,657th of 11,654 in professional & technical services. In 2024, employees put in $2.40 for every $1.00 the employer contributed; active participation has shrunk from 662 to 576 since 2022.

Plan summary
Net assets, end of year$90,109,088
Participants with balances1,031
Active participants576
Employer contributions$3,463,733
Employee contributions$8,329,342
Employer contribution per active participant$6,013
Average account balance$87,400
Benefits paid to participants$9,522,632
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$90.1M · 1,031 accts · $3.5M emplr
2023$73.5M · 1,035 accts · $3.5M emplr
2022$56.1M · 1,057 accts · $4.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$51,409
Total administrative$51,409
The Smarsh, Inc. 401(k) match · 2024
Employer contribution per active participant$6,013
Median for plans this size$3,635
2024$6,013 per active participant
2023$6,487 per active participant
2022$6,025 per active participant

Smarsh, Inc.'s 2024 employer contribution ran above the $3,635 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$51,409

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$51,409 · 0.06%
2023$43,938 · 0.07%
2022$40,950 · 0.07%
Same employer
Similar plansProfessional & Technical Services · Oregon
Schrodinger, Inc. OR$134.5M · 0.02%
Akt Services, LLP OR$106.7M · 0.00%
Aldrich Services, LLP OR$98.3M · 0.00%
Klarquist Sparkman, LLP OR$86.8M · 0.02%
Nuscale Power, LLC OR$74.1M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752984566 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.