Plan Ledger DOL Form 5500 · updated monthly

Syndio Solutions, Inc.401(k)

SYNDIO SOLUTIONS, INC. 401(K) PLAN · SEATTLE, WA · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Syndio Solutions, Inc. reported $17,943 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $9 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 0.238%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Washington (1,139th of 1,714), and 1,588th of 2,199 in information & media. In 2024, employees put in $1525.15 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,798,784
Participants with balances179
Active participants144
Employer contributions$1,329
Employee contributions$2,026,922
Employer contribution per active participant$9
Average account balance$49,155
Benefits paid to participants$810,855
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.8M · 179 accts · $1K emplr
2023$6.3M · 150 accts
2022$3.6M · 135 accts · $304 emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,943
Total administrative$17,943
The Syndio Solutions, Inc. 401(k) match · 2024
Employer contribution per active participant$9
Median for plans this size$1,313
2024$9 per active participant
2022$2 per active participant

Syndio Solutions, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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.

Administrative cost history3
2024$17,943 · 0.24%
2023$12,198 · 0.25%
2022$6,878 · 0.24%
Same employer
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Sound Publishing, Inc. WA$12.0M · 0.37%
Pivotal Commware, Inc. WA$11.1M · 0.27%
Run Studios LLC WA$9.0M · 0.51%
Textio, Inc. WA$8.3M · 0.03%
Hyperproof Inc WA$8.2M · 0.11%
Prescryptive Health Inc. WA$7.9M · 0.37%
Skilljar WA$7.0M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 814216193 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.