Plan Ledger DOL Form 5500 · updated monthly

Squaretrade, Inc.401(k)

SQUARETRADE, INC. 401(K) PLAN · BRISBANE, CA · plan year 2023

Reported admin expense ratio · 2023
0.09%

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

Squaretrade, Inc. reported $48,681 in plan administrative expenses for 2023: 0.09% of average plan assets, below the peer median. Employer contributions averaged $5,818 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 1 year on file its reported administrative ratio rose from 0.02% to 0.09%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other finance & insurance employers. By assets it is the 1,539th-largest of 9,483 plans among California employers on file, and the 1,476th of 4,798 in finance & insurance. In 2023, employees put in $1.84 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$59,233,633
Participants with balances753
Active participants569
Employer contributions$3,310,160
Employee contributions$6,088,854
Employer contribution per active participant$5,818
Average account balance$78,664
Benefits paid to participants$4,349,197
Plan auditUnmodified (clean) audit opinion
AuditorSILICON VALLEY ACCOUNTANCY
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $3.3M emplr
2023$59.2M · 753 accts · $3.3M emplr
2022$43.9M · 793 accts · $3.1M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$43,647
Investment management$5,034
Total administrative$48,681
The Squaretrade, Inc. 401(k) match · 2023
Employer contribution per active participant$5,818
Median for plans this size$3,659
2023$5,818 per active participant
2022$4,920 per active participant

Squaretrade, Inc.'s 2023 employer contribution ran above the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$43,647
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$5,034

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024Not separately reported
2023$48,681 · 0.09%
2022$10,794 · 0.02%
Same employer
Similar plansFinance & Insurance · California
Trico Bancshares CA$59.2M · 0.00%
Preferred Bank CA$58.8M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 943340669 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.