Plan Ledger DOL Form 5500 · updated monthly

Synapse Design Automation401(k)

SYNAPSE DESIGN AUTOMATION 401(K) PLAN · SANTA CLARA, CA · plan year 2022

Reported admin expense ratio · 2022
0.03%

Synapse Design Automation reported $1,295 in plan administrative expenses for 2022: 0.03% of average plan assets, lower than ~75% of peers. 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in California (7,432nd of 9,483), and 10,207th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$3,898,249
Participants with balances86
Active participants138
Employer contributions—
Employee contributions$894,940
Employer contribution per active participant—
Average account balance$45,328
Benefits paid to participants$327,239
Plan auditUnmodified (clean) audit opinion
AuditorSUBRA E. RAMANAN
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$1,295 · 0.03%
Similar plansProfessional & Technical Services · California
Mercy for Animals CA$4.0M · 0.58%
Ordermark Inc. CA$3.9M · 1.14%
317 Labs Inc CA$3.9M · 0.20%
Zethos, Inc. CA$3.9M · 0.21%
Autumn Communications CA$3.9M · 0.02%
Eiwa International, Inc. CA$3.9M · 0.07%
Sabio Inc CA$3.8M · 0.35%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 270103743 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.