Plan Ledger DOL Form 5500 · updated monthly

Snapdocs, Inc.Profit-sharing plan

SNAPDOCS 401(K) PLAN · COVINA, CA · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Snapdocs, Inc. reported $66,894 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. Employer contributions averaged $6,044 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 0.29% to 0.31%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 3,154th-largest of 9,483 plans among California employers on file, and the 905th of 2,199 in information & media. In 2024, employees put in $1.86 for every $1.00 the employer contributed; active participation has shrunk from 286 to 205 since 2022.

Plan summary
Net assets, end of year$24,450,202
Participants with balances402
Active participants205
Employer contributions$1,238,998
Employee contributions$2,307,284
Employer contribution per active participant$6,044
Average account balance$60,821
Benefits paid to participants$2,613,065
Plan auditUnmodified (clean) audit opinion
AuditorBERNARD ROBISON & COMPANY, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$24.5M · 402 accts · $1.2M emplr
2023$19.4M · 402 accts · $1.5M emplr
2022$17.0M · 532 accts · $2.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$59,567
Investment management$7,327
Total administrative$66,894
Employer contributions to the Snapdocs, Inc. plan · 2024
Employer contribution per active participant$6,044
Median for plans this size$2,416
2024$6,044 per active participant
2023$8,057 per active participant
2022$8,616 per active participant

Snapdocs, 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 · 20242
EMPOWER ADVISORY GROUP, LLC · Investment management$7,327

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$66,894 · 0.31%
2023$61,254 · 0.34%
2022$45,077 · 0.29%
Same employer
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Treasure Data, Inc. CA$24.8M · 0.33%
Velodyne Lidar USA, Inc. CA$24.7M · 0.40%
Lotus Communications Corp. CA$24.6M · 0.03%
Seesaw Learning, Inc. CA$24.5M · 0.32%
Evernote Corporation CA$24.3M · 0.04%
Soundhound Inc CA$24.1M · 0.07%
Qualia Labs, Inc. CA$24.1M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 464305179 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.