Plan Ledger DOL Form 5500 · updated monthly

Symbotic LLC401(k)

SYMBOTIC LLC 401(K) PLAN · WILMINGTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Symbotic LLC reported $251,221 in plan administrative expenses for 2024: 0.33% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,317 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 rose from 0.12% to 0.33%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 462nd-largest of 2,726 plans among Massachusetts employers on file, and the 2,071st of 13,661 in manufacturing. In 2024, employees put in $2.26 for every $1.00 the employer contributed; active participation has grown from 1,047 to 1,681 since 2022.

Plan summary
Net assets, end of year$88,850,095
Participants with balances1,891
Active participants1,681
Employer contributions$5,575,881
Employee contributions$12,591,787
Employer contribution per active participant$3,317
Average account balance$46,986
Benefits paid to participants$7,833,320
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$88.9M · 1,891 accts · $5.6M emplr
2023$63.8M · 1,461 accts · $4.5M emplr
2022$43.3M · 1,147 accts · $2.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$72,630
Investment management$178,591
Total administrative$251,221
The Symbotic LLC 401(k) match · 2024
Employer contribution per active participant$3,317
Median for plans this size$3,635
2024$3,317 per active participant
2023$3,712 per active participant
2022$2,503 per active participant

Symbotic LLC's 2024 employer contribution ran below the $3,635 median for plans its size. 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
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$109,086
EMPOWER ADVISORY GROUP, LLC · Investment management$69,505

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

Administrative cost history3
2024$251,221 · 0.33%
2023$121,988 · 0.23%
2022$53,472 · 0.12%
Same employer
Similar plansManufacturing · Massachusetts
Web Industries, Inc. MA$92.4M · 0.00%
Bay State Milling Company MA$92.0M · 0.08%
Monotype Imaging Inc. MA$91.3M · 0.07%
Harvey Industries, LLC MA$89.1M · 0.36%
New England Controls, Inc. MA$88.6M · 0.00%
Orsted North America Inc. MA$86.8M · 0.22%
Repligen Corporation MA$86.6M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 208782926 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.