Plan Ledger DOL Form 5500 · updated monthly

Syapse, Inc.401(k)

SYAPSE INC. 401(K) PLAN · SAN FRANCISCO, CA · plan year 2022

Reported admin expense ratio · 2022
0.13%

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

Syapse, Inc. reported $18,995 in plan administrative expenses for 2022: 0.13% of average plan assets, below the peer median. Employer contributions averaged $6,179 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 $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other professional & technical services employers. By assets it is the 4,411th-largest of 9,483 plans among California employers on file, and 6,597th of 11,654 in professional & technical services. In 2022, employees put in $2.25 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,851,496
Participants with balances292
Active participants177
Employer contributions$1,093,667
Employee contributions$2,458,141
Employer contribution per active participant$6,179
Average account balance$50,861
Benefits paid to participants$927,168
Plan auditUnmodified (clean) audit opinion
The Syapse, Inc. 401(k) match · 2022
Employer contribution per active participant$6,179
Median for plans this size$2,266

Syapse, Inc.'s 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$18,995 · 0.13%
Same employer
Similar plansProfessional & Technical Services · California
A Medium Corporation CA$15.0M · 0.24%
Edtec Inc. CA$15.0M · 0.03%
Ceva, Inc. CA$14.8M · 0.13%
Path Ccm, Inc. CA$14.7M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 263457459 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.