Plan Ledger DOL Form 5500 · updated monthly

Sumo Group, Inc.401(k)

SUMO GROUP, INC. 401(K) PLAN · AUSTIN, TX · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Sumo Group, Inc. reported $2,544 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,204 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 0.29% to 0.06%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Texas (4,043rd of 5,688), and 9,794th of 11,654 in professional & technical services. In 2024, employees put in $2.23 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,016,360
Participants with balances160
Active participants82
Employer contributions$344,690
Employee contributions$767,766
Employer contribution per active participant$4,204
Average account balance$31,352
Benefits paid to participants$259,309
Plan auditUnmodified (clean) audit opinion
AuditorAPRIO LLP
Plan history3
Yearassets · accounts · employer contribution
2024$5.0M · 160 accts · $345K emplr
2023$3.5M · 151 accts · $254K emplr
2022$2.2M · 152 accts · $323K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$500
Investment management$2,044
Total administrative$2,544
The Sumo Group, Inc. 401(k) match · 2024
Employer contribution per active participant$4,204
Median for plans this size$1,313
2024$4,204 per active participant
2023$2,856 per active participant
2022$3,755 per active participant

Sumo Group, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20242
INSPERITY RETIREMENT SERVICES · Recordkeeping · Loan processing$2,930
WILSHIRE ASSOCIATES · Consulting · Investment advisory (participants)$2,044

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

Recordkeeper by year2
2024INSPERITY RETIREMENT SERVICES
2023INSPERITY RETIREMENT SERVICES

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$2,544 · 0.06%
2023$10,628 · 0.37%
2022$5,154 · 0.29%
Similar plansProfessional & Technical Services · Texas
Heard & Smith, LLP TX$5.2M · 0.08%
Select Plastics, LLC TX$5.2M · 0.56%
2020 Exhibits, Inc. TX$5.0M · 0.45%
Colossal Biosciences Inc. TX$5.0M · 0.59%
Sparkpay LLC TX$5.0M
Pricetrace LLC TX$5.0M · 0.86%
Schoox, Inc. TX$5.0M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 274152712 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.