Plan Ledger DOL Form 5500 · updated monthly

Sonic.Net, LLC401(k)

SONIC.NET, LLC 401(K) PROFIT SHARING PLAN · SANTA ROSA, CA · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Sonic.Net, LLC reported $167,151 in plan administrative expenses for 2024: 0.46% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,710 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 0.61% to 0.46%. 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 2,101st-largest of 9,483 plans among California employers on file, and the 3,256th of 11,654 in professional & technical services. In 2024, employees put in $3.07 for every $1.00 the employer contributed; active participation has grown from 710 to 868 since 2022.

Plan summary
Net assets, end of year$40,721,265
Participants with balances956
Active participants868
Employer contributions$1,484,575
Employee contributions$4,559,145
Employer contribution per active participant$1,710
Average account balance$42,595
Benefits paid to participants$1,271,244
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$40.7M · 956 accts · $1.5M emplr
2023$31.2M · 851 accts · $1.3M emplr
2022$23.6M · 832 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$115,339
Investment management$51,812
Total administrative$167,151
The Sonic.Net, LLC 401(k) match · 2024
Employer contribution per active participant$1,710
Median for plans this size$2,416
2024$1,710 per active participant
2023$1,872 per active participant
2022$1,557 per active participant

Sonic.Net, LLC'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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$115,339
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$51,812

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$167,151 · 0.46%
2023$126,988 · 0.46%
2022$145,943 · 0.61%
Same employer
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Hygiena LLC Retirement Plan CA$41.2M · 0.31%
Emerson Collective, LLC CA$41.1M · 0.02%
Prothena Biosciences Inc CA$41.0M · 0.00%
Nextroll, Inc. CA$41.0M · 0.43%
Jfrog, Inc. CA$40.7M · 0.27%
Insight Investments, LLC CA$40.5M · 0.17%
Dg Architects, Inc. Dga CA$40.2M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 680423667 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.