Plan Ledger DOL Form 5500 · updated monthly

Snyk, Inc.401(k)

SNYK, INC. 401(K) PLAN · BOSTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Snyk, Inc. reported $80,664 in plan administrative expenses for 2024: 0.40% of average plan assets, above 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 rose from 0.03% to 0.40%. 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 1,166th-largest of 2,726 plans among Massachusetts employers on file, and the 4,953rd of 11,654 in professional & technical services. active participation has grown from 322 to 513 since 2022.

Plan summary
Net assets, end of year$23,639,567
Participants with balances491
Active participants513
Employer contributions$0
Employee contributions$5,928,039
Employer contribution per active participant$0
Average account balance$48,146
Benefits paid to participants$3,523,979
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$23.6M · 491 accts
2023$17.1M · 411 accts
2022$11.1M · 425 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$68,956
Total administrative$80,664
The Snyk, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

Snyk, Inc.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$68,956
MARCUM LLP · Accounting / audit$11,708

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$80,664 · 0.40%
2023$45,571 · 0.32%
2022$3,000 · 0.03%
Same employer
Similar plansProfessional & Technical Services · Massachusetts
Onboard Partners LLC MA$24.8M · 0.11%
Verve Therapeutics, Inc. MA$24.5M · 0.37%
Forma Therapeutics, Inc. MA$23.6M · 0.13%
O'Connor & Drew P.C. MA$23.5M · 0.06%
Officeworks, Inc. MA$23.4M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 813733443 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.