Plan Ledger DOL Form 5500 · updated monthly

Smart Modular Technologies, Inc.401(k)

SMART MODULAR TECHNOLOGIES 401(K) RETIREMENT SAVINGS PLAN · NEWARK, CA · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Smart Modular Technologies, Inc. reported $164,617 in plan administrative expenses for 2024: 0.08% of average plan assets, below the peer median. Employer contributions averaged $5,536 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 0.02% to 0.08%. 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 536th-largest of 9,483 plans among California employers on file, and the 1,095th of 13,661 in manufacturing. In 2024, employees put in $2.62 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$217,484,469
Participants with balances1,205
Active participants889
Employer contributions$4,921,133
Employee contributions$12,895,257
Employer contribution per active participant$5,536
Average account balance$180,485
Benefits paid to participants$23,057,428
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$217.5M · 1,205 accts · $4.9M emplr
2023$192.4M · 1,254 accts · $5.5M emplr
2022$157.2M · 1,262 accts · $5.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$62,805
Investment management$101,812
Total administrative$164,617
The Smart Modular Technologies, Inc. 401(k) match · 2024
Employer contribution per active participant$5,536
Median for plans this size$3,635
2024$5,536 per active participant
2023$5,854 per active participant
2022$5,167 per active participant

Smart Modular Technologies, 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$62,805
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$55,773

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$164,617 · 0.08%
2023$158,808 · 0.09%
2022$33,000 · 0.02%
Same employer
Similar plansManufacturing · California
Pharmavite LLC CA$228.1M · 0.16%
Sierra Nevada Brewing Co. CA$226.1M · 0.04%
Lumileds LLC CA$225.4M · 0.03%
Nippon Paint (USA) Inc. CA$216.8M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 770200166 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.