Plan Ledger DOL Form 5500 · updated monthly

Smartstream Technologies, Inc.401(k)

SMARTSTREAM TECHNOLOGIES 401(K) PLAN · STATEN ISLAND, NY · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Smartstream Technologies, Inc. reported $913 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,289 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 0.01%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New York (2,891st of 5,648), and 6,416th of 11,654 in professional & technical services. In 2024, employees put in $1.78 for every $1.00 the employer contributed; active participation has shrunk from 69 to 61 since 2022.

Plan summary
Net assets, end of year$15,678,620
Participants with balances107
Active participants61
Employer contributions$383,637
Employee contributions$683,350
Employer contribution per active participant$6,289
Average account balance$146,529
Benefits paid to participants$2,956,498
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.7M · 107 accts · $384K emplr
2023$15.1M · 118 accts · $435K emplr
2022$12.8M · 122 accts · $480K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$913
Total administrative$913
The Smartstream Technologies, Inc. 401(k) match · 2024
Employer contribution per active participant$6,289
Median for plans this size$2,416
2024$6,289 per active participant
2023$6,791 per active participant
2022$6,950 per active participant

Smartstream Technologies, 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$913

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$913 · 0.01%
2023$1,019 · 0.01%
2022$588 · 0.00%
Similar plansProfessional & Technical Services · New York
Miq Digital USA, Inc. NY$15.8M · 0.04%
Opentrons Labworks Inc. NY$15.7M · 0.88%
Gizmodo Media Group LLC NY$15.7M · 0.18%
Lippe Taylor, LLC NY$15.4M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133978983 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.