Plan Ledger DOL Form 5500 · updated monthly

Snap Mobile Inc.401(k)

SNAP MOBILE INC. RETIREMENT TRUST · SEATTLE, WA · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Snap Mobile Inc. reported $7,221 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,285 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 fell from 0.06% to 0.05%. 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 the 819th-largest of 1,714 plans among Washington employers on file, and 6,402nd of 11,654 in professional & technical services. In 2024, employees put in $1.83 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,749,157
Participants with balances302
Active participants255
Employer contributions$1,092,769
Employee contributions$1,998,757
Employer contribution per active participant$4,285
Average account balance$52,150
Benefits paid to participants$728,687
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.7M · 302 accts · $1.1M emplr
2023$11.5M · 298 accts · $1.1M emplr
2022$6.8M · 257 accts · $823K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,221
Total administrative$7,221
The Snap Mobile Inc. 401(k) match · 2024
Employer contribution per active participant$4,285
Median for plans this size$2,416
2024$4,285 per active participant
2023$4,325 per active participant
2022$3,278 per active participant

Snap Mobile 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
ADP, INC. · Loan processing · Recordkeeping$7,221

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
2023ADP

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$7,221 · 0.05%
2023$4,924 · 0.05%
2022$3,790 · 0.06%
Same employer
Similar plansProfessional & Technical Services · Washington
The Transpo Group, Inc. WA$16.2M · 0.00%
Accelalpha, Inc. WA$16.1M · 0.43%
A Place for Rover, Inc. WA$16.0M · 0.04%
Jeffreym Consulting, LLC WA$15.6M · 0.54%
Affirma, LLC WA$15.4M · 0.02%
Pace Engineers, Inc. WA$15.0M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 461003584 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.