Plan Ledger DOL Form 5500 · updated monthly

Snow Software, Inc.401(k)

SNOW SOFTWARE 401(K) PLAN · AUSTIN, TX · plan year 2023

Reported admin expense ratio · 2023
0.65%

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

Snow Software, Inc. reported $80,577 in plan administrative expenses for 2023: 0.65% of average plan assets, higher than ~90% of peers. Employer contributions averaged $5,840 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 0.60% to 0.53%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other information & media employers. By assets it is the 2,579th-largest of 5,688 plans among Texas employers on file, and 1,286th of 2,199 in information & media. In 2023, employees put in $1.96 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,678,486
Participants with balances202
Active participants126
Employer contributions$735,818
Employee contributions$1,442,623
Employer contribution per active participant$5,840
Average account balance$67,715
Benefits paid to participants$2,445,127
Plan auditUnmodified (clean) audit opinion
AuditorMILLER COOPER & CO., LTD.
Plan history3
Yearassets · accounts · employer contribution
2024$12.0M · 2 accts · $572K emplr
2023$13.7M · 202 accts · $736K emplr
2022$11.3M · 221 accts · $772K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$78,064
Investment management$2,513
Total administrative$80,577
The Snow Software, Inc. 401(k) match · 2023
Employer contribution per active participant$5,840
Median for plans this size$2,440
2024$9,867 per active participant
2023$5,840 per active participant
2022$6,328 per active participant

Snow Software, Inc.'s 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$2,723
WILSHIRE ASSOCIATES INC (USA) · Investment advisory (participants)$2,513

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$67,530 · 0.53%
2023$80,577 · 0.65%
2022$68,987 · 0.60%
Same employer
Similar plansInformation & Media · Texas
Kofile, Inc. TX$14.3M · 0.67%
Chartbeat Inc. TX$14.0M · 0.33%
Netwrix Corporation TX$13.4M · 0.46%
Raptor Technologies, LLC TX$13.1M · 0.62%

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Source: U.S. Department of Labor, Form 5500 series, EIN 454713965 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.