Plan Ledger DOL Form 5500 · updated monthly

Smart Energy Systems, Inc. dba S401(k)

SMART ENERGY SYSTEMS, INC. 401K PLAN · IRVINE, CA · plan year 2024

Reported admin expense ratio · 2024
0.76%

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

Smart Energy Systems, Inc. dba S reported $68,099 in plan administrative expenses for 2024: 0.76% of average plan assets, above the peer median. Employer contributions averaged $3,507 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 3 years on file its reported administrative ratio has held roughly steady near 0.76%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in California (5,379th of 9,483), and 1,494th of 2,199 in information & media. In 2024, employees put in $4.06 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,255,718
Participants with balances145
Active participants102
Employer contributions$357,729
Employee contributions$1,452,482
Employer contribution per active participant$3,507
Average account balance$70,729
Benefits paid to participants$1,687,584
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.3M · 145 accts · $358K emplr
2023$7.7M · 150 accts · $374K emplr
2022$5.1M · 148 accts · $350K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,710
Investment management$63,389
Total administrative$68,099
The Smart Energy Systems, Inc. dba S 401(k) match · 2024
Employer contribution per active participant$3,507
Median for plans this size$1,313
2024$3,507 per active participant
2023$3,116 per active participant
2022$3,464 per active participant

Smart Energy Systems, Inc. dba S's 2024 employer contribution ran above the $1,313 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
ADP, INC. · Loan processing · Recordkeeping$44,343
MONARCH CORPORATE ADVISORS, INC. · Recordkeeping · Trustee$23,756

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024ADP, MONARCH CORPORATE ADVISORS, INC.
2023ADP, Raymond James

This plan has changed recordkeepers within these filings. If you left Smart Energy Systems, Inc. dba S before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$68,099 · 0.76%
2023$50,396 · 0.79%
2022$36,462 · 0.78%
Same employer
Similar plansInformation & Media · California
Tunein, Inc. CA$10.5M · 0.07%
McNaughton Newspapers, Inc. CA$10.4M · 0.01%
Pix Holdings, Inc. CA$10.3M · 0.05%
Veros Software, Inc. CA$10.2M · 0.45%
Miramax Film Ny, LLC CA$10.1M · 0.42%
Mux, Inc. CA$10.1M · 0.04%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 460760246 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.