Plan Ledger DOL Form 5500 · updated monthly

Symphonyai, LLC401(k)

SYMPHONYAI 401(K) PLAN · PALO ALTO, CA · plan year 2024

Reported admin expense ratio · 2024
0.58%

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

Symphonyai, LLC reported $368,677 in plan administrative expenses for 2024: 0.58% of average plan assets, higher than ~90% of peers. Employer contributions averaged $6,512 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 0.44% to 0.58%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,299th-largest of 9,483 plans among California employers on file, and the 1,997th of 11,654 in professional & technical services. In 2024, employees put in $2.14 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$72,473,100
Participants with balances799
Active participants518
Employer contributions$3,373,221
Employee contributions$7,223,104
Employer contribution per active participant$6,512
Average account balance$90,705
Benefits paid to participants$10,081,856
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$72.5M · 799 accts · $3.4M emplr
2023$55.4M · 785 accts · $2.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$368,677
Total administrative$368,677
The Symphonyai, LLC 401(k) match · 2024
Employer contribution per active participant$6,512
Median for plans this size$3,635
2024$6,512 per active participant
2023$6,870 per active participant

Symphonyai, LLC's 2024 employer contribution ran above 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 · 20244
GLOBAL RETIREMENT PARTNERS. LLC · Investment advisory (plan)$115,550
THE ANGELL PENSION GROUP, INC · Contract administrator$20,000
EMPOWER ADVISORY GROUP, LLC · Investment management$9,882

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$368,677 · 0.58%
2023$124,064 · 0.44%
Same employer
Similar plansProfessional & Technical Services · California
Maxlinear, Inc. CA$73.5M · 0.10%
Mannkind Corporation CA$73.3M · 0.23%
Prophet Brand Strategy CA$72.9M · 0.22%
Seti Institute CA$72.5M · 0.09%
Tri Holdco, Inc. CA$72.4M · 0.09%
Formagrid Inc dba Airtable CA$72.2M · 0.01%
Bosley, Inc. CA$71.9M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 813667465 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.