Plan Ledger DOL Form 5500 · updated monthly

Some, Inc.401(k)

SO OTHERS MIGHT EAT 401(K) RETIREMENT PLAN · WASHINGTON, DC · plan year 2024

Reported admin expense ratio · 2024
0.87%

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

Some, Inc. reported $187,021 in plan administrative expenses for 2024: 0.87% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,236 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 0.52% to 0.87%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in District of Columbia (314th of 618), and the 3,399th of 11,911 in health care & social assistance. In 2024, employees put in $1.42 for every $1.00 the employer contributed; active participation has shrunk from 436 to 380 since 2022.

Plan summary
Net assets, end of year$22,394,808
Participants with balances553
Active participants380
Employer contributions$1,229,678
Employee contributions$1,747,532
Employer contribution per active participant$3,236
Average account balance$40,497
Benefits paid to participants$4,038,650
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$22.4M · 553 accts · $1.2M emplr
2023$20.5M · 628 accts · $1.5M emplr
2022$17.2M · 563 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$125,034
Investment management$61,987
Total administrative$187,021
The Some, Inc. 401(k) match · 2024
Employer contribution per active participant$3,236
Median for plans this size$2,416
2024$3,236 per active participant
2023$3,000 per active participant
2022$2,780 per active participant

Some, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size. 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
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$61,987

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$187,021 · 0.87%
2023$96,411 · 0.51%
2022$96,659 · 0.52%
Same employer
Similar plansHealth Care & Social Assistance · District of Columbia
Accion International DC$27.5M · 0.15%
Whitman-Walker Clinic, Inc. DC$25.4M · 0.03%
Academyhealth DC$24.0M · 0.60%
Special Olympics, Inc. DC$21.1M · 0.34%
Engenderhealth, Inc. DC$18.1M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 237098123 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.