Plan Ledger DOL Form 5500 · updated monthly

Smule, Inc.401(k)

SMULE, INC. 401(K) PLAN · SALT LAKE CITY, UT · plan year 2022

Reported admin expense ratio · 2022
0.22%

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

Smule, Inc. reported $16,727 in plan administrative expenses for 2022: 0.22% of average plan assets, below the peer median. Employer contributions averaged $0 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 has held roughly steady near 0.23%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Utah (540th of 848), and 1,720th of 2,199 in information & media.

Plan summary
Net assets, end of year$7,042,594
Participants with balances119
Active participants42
Employer contributions$0
Employee contributions$685,015
Employer contribution per active participant$0
Average account balance$59,181
Benefits paid to participants$296,481
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$6.7M · 77 accts
2022$7.0M · 119 accts
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$600
Investment management$16,127
Total administrative$16,727
The Smule, Inc. 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$1,114

Smule, Inc.'s 2022 employer contribution ran below the $1,114 median for plans its size, in the bottom 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$16,061 · 0.23%
2022$16,727 · 0.22%
Similar plansInformation & Media · Utah
Spot Ai, Inc. UT$8.2M · 0.15%
Chess.com, LLC UT$8.0M · 0.23%
Jobnimbus, LLC UT$7.5M · 1.51%
Brainstorm, Inc. UT$6.0M · 0.73%
Spiff, Inc. UT$5.5M · 0.00%
Sales Rabbit, Inc. UT$5.1M · 0.49%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 262854400 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.