Plan Ledger DOL Form 5500 · updated monthly

Syapse Holdings, Inc.401(k)

SYAPSE INC. 401(K) PLAN · WEST CHESTER, PA · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Syapse Holdings, Inc. reported $32,058 in plan administrative expenses for 2024: 0.19% of average plan assets, below the peer median. Employer contributions averaged $10,107 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 0.15% to 0.19%. 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 1,665th-largest of 3,651 plans among Pennsylvania employers on file, and 5,996th of 11,654 in professional & technical services. In 2024, employees put in $2.19 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,612,118
Participants with balances210
Active participants48
Employer contributions$485,135
Employee contributions$1,060,666
Employer contribution per active participant$10,107
Average account balance$83,867
Benefits paid to participants$3,598,502
Plan auditUnmodified (clean) audit opinion
AuditorPLANCHECK CPAS LLC
Plan history2
Yearassets · accounts · employer contribution
2024$17.6M · 210 accts · $485K emplr
2023$17.0M · 235 accts · $891K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,058
Total administrative$32,058
The Syapse Holdings, Inc. 401(k) match · 2024
Employer contribution per active participant$10,107
Median for plans this size$2,416
2024$10,107 per active participant
2023$10,739 per active participant

Syapse Holdings, Inc.'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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$32,058

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$32,058 · 0.19%
2023$23,880 · 0.15%
Similar plansProfessional & Technical Services · Pennsylvania
Did Agency Group, LLC PA$17.9M · 0.47%
Fishtown Analytics Inc. PA$17.8M · 0.09%
Sai Med Partners, LLC PA$17.7M · 0.42%
Cmc Energy Services, Inc. PA$17.5M · 0.96%
Mullen Coughlin LLC PA$17.4M · 0.01%
Connexin Software, Inc. PA$17.4M · 0.33%
Century Therapeutics, Inc. PA$17.3M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 934161660 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.