Plan Ledger DOL Form 5500 · updated monthly

Sumup, Inc.401(k)

SUMUP INC 401(K) PROFIT SHARING PLAN & TRUST · BOULDER, CO · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Sumup, Inc. reported $34,778 in plan administrative expenses for 2024: 0.45% of average plan assets, below the peer median. Employer contributions averaged $2,772 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is the 678th-largest of 1,461 plans among Colorado employers on file, and 2,497th of 4,246 in wholesale trade. In 2024, employees put in $2.58 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,737,295
Participants with balances358
Active participants219
Employer contributions$607,071
Employee contributions$1,564,690
Employer contribution per active participant$2,772
Average account balance$38,372
Benefits paid to participants$1,456,260
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,586
Trustee / custodial$25,192
Total administrative$34,778
The Sumup, Inc. 401(k) match · 2024
Employer contribution per active participant$2,772
Median for plans this size$1,313

Sumup, 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 · 20243
PENSIONMARK FINANCIAL GROUP, LLC · Recordkeeping · Trustee$25,192
ADP, INC. · Loan processing · Recordkeeping$9,585
ADP BROKER-DEALERindirect comp

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

Administrative cost history1
2024$34,778 · 0.45%
Same employer
Similar plansWholesale Trade · Colorado
Winn-Marion Barber, LLC CO$14.9M · 0.43%
Forney Industries, Inc. CO$14.0M · 0.51%
Kong Company, LLC CO$13.9M · 0.42%
Nite Ize, Inc. CO$13.3M · 0.51%
Krayden, Inc. CO$12.0M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 473947957 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.