Plan Ledger DOL Form 5500 · updated monthly

Sonic Manufacturing Technologies401(k)

SONIC MANUFACTURING 401(K) PLAN · FREMONT, CA · plan year 2024

Reported admin expense ratio · 2024
0.62%

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

Sonic Manufacturing Technologies reported $76,527 in plan administrative expenses for 2024: 0.62% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,691 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 0.91% to 0.62%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 4,625th-largest of 9,483 plans among California employers on file, and 7,471st of 13,661 in manufacturing. In 2024, employees put in $3.06 for every $1.00 the employer contributed; active participation has grown from 294 to 354 since 2022.

Plan summary
Net assets, end of year$13,746,248
Participants with balances345
Active participants354
Employer contributions$598,582
Employee contributions$1,834,168
Employer contribution per active participant$1,691
Average account balance$39,844
Benefits paid to participants$688,070
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.7M · 345 accts · $599K emplr
2023$10.9M · 292 accts · $511K emplr
2022$7.9M · 267 accts · $525K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,374
Investment management$59,153
Total administrative$76,527
The Sonic Manufacturing Technologies 401(k) match · 2024
Employer contribution per active participant$1,691
Median for plans this size$2,416
2024$1,691 per active participant
2023$1,520 per active participant
2022$1,785 per active participant

Sonic Manufacturing Technologies's 2024 employer contribution ran below 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 · 20243
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$53,800
RESOURCES INVESTMENT ADVISORS, LLC · Investment management$5,353

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$76,527 · 0.62%
2023$50,416 · 0.53%
2022$74,434 · 0.91%
Same employer
Similar plansManufacturing · California
Torn & Glasser, Inc. CA$13.8M · 0.72%
Inhibrx, Inc. CA$13.8M · 0.13%
Heath Ceramics, LTD. CA$13.8M · 0.57%
Belkorp AG Holdings, Inc. CA$13.8M · 0.22%
US Motor Works, LLC CA$13.7M · 0.52%
Ruggable, LLC CA$13.6M · 0.65%

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Source: U.S. Department of Labor, Form 5500 series, EIN 770432998 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.