Plan Ledger DOL Form 5500 · updated monthly

Synacor, Inc401(k)

SYNACOR, INC. 401(K) PROFIT SHARING PLAN · BUFFALO, NY · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Synacor, Inc reported $32,539 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $5,146 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 3 years on file its reported administrative ratio has held roughly steady near 0.23%. 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 among the smaller plans on file in New York (2,963rd of 5,648), and 6,563rd of 11,654 in professional & technical services. In 2024, employees put in $2.61 for every $1.00 the employer contributed; active participation has shrunk from 97 to 60 since 2022.

Plan summary
Net assets, end of year$15,024,060
Participants with balances208
Active participants60
Employer contributions$308,783
Employee contributions$805,438
Employer contribution per active participant$5,146
Average account balance$72,231
Benefits paid to participants$1,693,056
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.0M · 208 accts · $309K emplr
2023$13.8M · 199 accts · $315K emplr
2022$12.0M · 212 accts · $296K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,539
Total administrative$32,539
The Synacor, Inc 401(k) match · 2024
Employer contribution per active participant$5,146
Median for plans this size$2,416
2024$5,146 per active participant
2023$3,754 per active participant
2022$3,053 per active participant

Synacor, 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 · 20242
THE VANGUARD GROUP, INC. · Recordkeeping · Loan processing$20,151
ONE DIGITAL INVESTMENT ADVISORS · Investment advisory (plan)$14,578

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$32,539 · 0.23%
2023$31,467 · 0.24%
2022$28,441 · 0.22%
Similar plansProfessional & Technical Services · New York
Fnz USA Inc. NY$15.1M · 0.25%
Mparticle Inc. NY$14.7M · 0.01%
Mitchell & Titus, LLP NY$14.6M · 0.01%
Gympass US, LLC NY$14.5M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161542712 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.