Plan Ledger DOL Form 5500 · updated monthly

Smart Technologies Corp.401(k)

SMART TECHNOLOGIES 401(K) PLAN · ARLINGTON, VA · plan year 2024

Reported admin expense ratio · 2024
0.67%

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

Smart Technologies Corp. reported $73,925 in plan administrative expenses for 2024: 0.67% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,842 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 0.58% to 0.67%. 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 among the smaller plans on file in Virginia (1,385th of 2,266), and 2,765th of 4,246 in wholesale trade. In 2024, employees put in $2.45 for every $1.00 the employer contributed; active participation has shrunk from 105 to 90 since 2022.

Plan summary
Net assets, end of year$11,159,519
Participants with balances97
Active participants90
Employer contributions$255,814
Employee contributions$627,041
Employer contribution per active participant$2,842
Average account balance$115,047
Benefits paid to participants$2,069,516
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.2M · 97 accts · $256K emplr
2023$10.8M · 132 accts · $240K emplr
2022$9.0M · 144 accts · $321K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$62,621
Investment management$11,304
Total administrative$73,925
The Smart Technologies Corp. 401(k) match · 2024
Employer contribution per active participant$2,842
Median for plans this size$2,416
2024$2,842 per active participant
2023$3,083 per active participant
2022$3,055 per active participant

Smart Technologies Corp.'s 2024 employer contribution ran above the $2,416 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 · 20243
EMPOWER ADVISORY GROUP, LLC · Investment management$11,304
CAMBRIDGE INVESTMENT RESEARCH INCindirect comp

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$73,925 · 0.67%
2023$57,339 · 0.58%
2022$54,349 · 0.58%
Same employer
Similar plansWholesale Trade · Virginia
Virginia Imports, LTD. VA$12.2M · 0.53%
Rbi Corporation VA$11.2M · 0.40%
Richmond Ford, LLC VA$9.9M · 0.44%
Hobbs & Associates, Inc. VA$8.8M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 880411936 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.