Plan Ledger DOL Form 5500 · updated monthly

Soci Inc.401(k)

SOCI 401(K) PLAN · WEST HOLLYWOOD, CA · plan year 2024

Reported admin expense ratio · 2024
0.88%

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

Soci Inc. reported $115,429 in plan administrative expenses for 2024: 0.88% of average plan assets, higher than ~90% of peers. Employer contributions averaged $5 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 3 years on file its reported administrative ratio has held roughly steady near 0.88%. 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 4,509th-largest of 9,483 plans among California employers on file, and 6,759th of 11,654 in professional & technical services. In 2024, employees put in $1622.39 for every $1.00 the employer contributed; active participation has shrunk from 475 to 373 since 2022.

Plan summary
Net assets, end of year$14,260,042
Participants with balances467
Active participants373
Employer contributions$1,869
Employee contributions$3,032,242
Employer contribution per active participant$5
Average account balance$30,535
Benefits paid to participants$2,974,337
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history3
Yearassets · accounts · employer contribution
2024$14.3M · 467 accts · $2K emplr
2023$11.9M · 472 accts · $797K emplr
2022$6.7M · 500 accts · $736K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$72,176
Investment management$43,253
Total administrative$115,429
The Soci Inc. 401(k) match · 2024
Employer contribution per active participant$5
Median for plans this size$2,416
2024$5 per active participant
2023$2,114 per active participant
2022$1,550 per active participant

Soci 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 · 20243
MMA SECURITIES LLC · Investment advisory (plan)$31,954
EMPOWER ADVISORY GROUP, LLC · Investment management$11,299

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$115,429 · 0.88%
2023$79,745 · 0.86%
2022$42,901 · 0.85%
Same employer
Similar plansProfessional & Technical Services · California
Jumio Corporation CA$14.3M · 0.17%
Gatekeeper Systems, Inc. CA$14.3M · 0.02%
Nvest, Inc. CA$14.3M · 0.04%
Redwitz, Inc. CA$14.3M · 0.52%
Viridos, Inc. CA$14.2M · 0.35%
Screen Engine/Asi LLC CA$14.2M · 0.02%
Cibus US, LLC CA$14.2M · 0.85%
Ayzenberg Group, Inc. CA$14.2M · 0.73%

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Source: U.S. Department of Labor, Form 5500 series, EIN 455383269 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.