Plan Ledger DOL Form 5500 · updated monthly

Surfacecycle, Inc.401(k)

SURFACECYCLE, INC. 401(K) PLAN · WESTMINSTER, CO · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Surfacecycle, Inc. reported $33,180 in plan administrative expenses for 2024: 0.43% of average plan assets, below the peer median. Employer contributions averaged $2,820 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 fell from 0.63% to 0.43%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Colorado (873rd of 1,461), and 9,634th of 13,661 in manufacturing. In 2024, employees put in $1.99 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,071,680
Participants with balances123
Active participants134
Employer contributions$377,839
Employee contributions$752,776
Employer contribution per active participant$2,820
Average account balance$65,623
Benefits paid to participants$998,814
Plan auditUnmodified (clean) audit opinion
AuditorJWT & ASSOCIATES LLP
Plan history2
Yearassets · accounts · employer contribution
2024$8.1M · 123 accts · $378K emplr
2023$7.2M · 126 accts · $364K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,180
Total administrative$33,180
The Surfacecycle, Inc. 401(k) match · 2024
Employer contribution per active participant$2,820
Median for plans this size$1,313
2024$2,820 per active participant
2023$2,275 per active participant

Surfacecycle, 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$33,180
PENSIONMARK FINANCIAL GROUP, LLC · Investment advisory (plan)indirect comp

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

Administrative cost history2
2024$33,180 · 0.43%
2023$43,867 · 0.63%
Same employer
Similar plansManufacturing · Colorado
Arc Group Worldwide, Inc. CO$9.1M · 0.39%
Sequential Biodiesel LLC CO$9.0M · 0.10%
Skyline Products, Inc. CO$8.0M · 0.62%
Royal Crest Dairy, Inc. CO$7.9M · 0.42%
Scada Products, LLC CO$7.9M · 0.92%
Spyderco, Inc. CO$7.7M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 463476228 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.