Plan Ledger DOL Form 5500 · updated monthly

Specialty Equipment Market Association401(k)

SEMA 401(K) SAVINGS PLAN · DIAMOND BAR, CA · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Specialty Equipment Market Association reported $86,614 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $8,120 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 0.23%. 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 2,211th-largest of 9,483 plans among California employers on file, and the 3,406th of 11,654 in professional & technical services. In 2024, employees put in $1.07 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$38,503,263
Participants with balances271
Active participants155
Employer contributions$1,258,550
Employee contributions$1,351,659
Employer contribution per active participant$8,120
Average account balance$142,078
Benefits paid to participants$4,412,429
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$38.5M · 271 accts · $1.3M emplr
2023$36.0M · 270 accts · $1.1M emplr
2022$33.3M · 246 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,779
Investment management$21,485
Total administrative$86,614
The Specialty Equipment Market Association 401(k) match · 2024
Employer contribution per active participant$8,120
Median for plans this size$2,416
2024$8,120 per active participant
2023$7,974 per active participant
2022$6,850 per active participant

Specialty Equipment Market Association's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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
MORGAN STANLEY SMITH BARNEY LLC · Investment advisory (plan)$50,000
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$21,340
NATIONAL BENEFIT SERVICES, LLC · Other servicesindirect comp

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$86,614 · 0.23%
2023$91,373 · 0.26%
2022$79,052 · 0.24%
Same employer
Similar plansProfessional & Technical Services · California
Dokken Engineering CA$38.9M · 0.20%
Vector Resources, Inc. CA$38.8M · 0.27%
Wrns Studio CA$38.8M · 0.18%
Calm.com Inc. CA$38.5M · 0.05%
Kairos Power LLC CA$38.4M · 0.22%
Strava, Inc. CA$38.1M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952544340 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.