Plan Ledger DOL Form 5500 · updated monthly

Synaptics, Inc.401(k)

SYNAPTICS, INC. 401(K) SAVINGS PLAN · SAN JOSE, CA · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Synaptics, Inc. reported $48,958 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,939 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 0.02% to 0.03%. 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 601st-largest of 9,483 plans among California employers on file, and the 1,235th of 13,661 in manufacturing. In 2024, employees put in $5.36 for every $1.00 the employer contributed; active participation has shrunk from 426 to 350 since 2022.

Plan summary
Net assets, end of year$183,804,894
Participants with balances753
Active participants350
Employer contributions$1,728,561
Employee contributions$9,264,251
Employer contribution per active participant$4,939
Average account balance$244,097
Benefits paid to participants$18,375,256
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$183.8M · 753 accts · $1.7M emplr
2023$164.1M · 781 accts · $1.9M emplr
2022$141.2M · 802 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,509
Investment management$10,449
Total administrative$48,958
The Synaptics, Inc. 401(k) match · 2024
Employer contribution per active participant$4,939
Median for plans this size$3,635
2024$4,939 per active participant
2023$4,993 per active participant
2022$3,979 per active participant

Synaptics, Inc.'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 · 20242
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping · Investment advisory (participants)$48,958
CHARLES SCHWAB & CO., INC. · Securities brokerage$574

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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

Administrative cost history3
2024$48,958 · 0.03%
2023$36,209 · 0.02%
2022$36,188 · 0.02%
Same employer
Similar plansManufacturing · California
Acer America Corporation CA$190.7M · 0.01%
Accuray Incorporated CA$185.7M · 0.08%
Rehrig Pacific Company CA$171.1M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 770118518 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.