Plan Ledger DOL Form 5500 · updated monthly

Space Exploration Technologies Corp.401(k)

SPACE EXPLORATION TECHNOLOGIES 401(K) PLAN · HAWTHORNE, CA · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Space Exploration Technologies Corp. reported $336,246 in plan administrative expenses for 2024: 0.07% of average plan assets, below 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 fell from 0.08% to 0.07%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other professional & technical services employers. By assets it is the 229th-largest of 9,483 plans among California employers on file, and the 312th of 11,654 in professional & technical services. active participation has grown from 11,701 to 16,002 since 2022.

Plan summary
Net assets, end of year$571,401,349
Participants with balances9,549
Active participants16,002
Employer contributions$0
Employee contributions$68,001,818
Employer contribution per active participant$0
Average account balance$59,839
Benefits paid to participants$33,906,104
Plan auditUnmodified (clean) audit opinion
AuditorSERVATIUS, O'BRIEN & FONG, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$571.4M · 9,549 accts
2023$450.5M · 8,490 accts
2022$336.9M · 7,588 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$238,724
Investment management$46,397
Audit (IQPA)$23,000
Total administrative$336,246
The Space Exploration Technologies Corp. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$4,294

Space Exploration Technologies Corp.'s 2024 employer contribution ran below the $4,294 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 · 20244
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$238,724
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$46,397
PRECEPT ADVISORY GROUP, LLC · Investment advisory (plan)$28,125
SERVATIUS, O'BRIEN & FONG, LLP · Accounting / audit · Consulting$23,000

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$336,246 · 0.07%
2023$299,190 · 0.08%
2022$299,626 · 0.08%
Same employer
Similar plansProfessional & Technical Services · California
Exponent, Inc. CA$616.3M · 0.02%
Arctera US LLC CA$615.1M · 0.14%
Veritas Technologies LLC CA$595.1M · 0.14%
Okta, Inc. CA$544.7M · 0.02%
The Kleinfelder Group, Inc. CA$539.0M · 0.05%
Salas O'Brien, Inc. CA$537.9M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 010627671 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.