Plan Ledger DOL Form 5500 · updated monthly

Synergistix, Inc.401(k)

SYNERGISTIX, INC. 401(K) PLAN · SUNRISE, FL · plan year 2024

Reported admin expense ratio · 2024
0.64%

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

Synergistix, Inc. reported $32,861 in plan administrative expenses for 2024: 0.64% of average plan assets, above the peer median. Employer contributions averaged $613 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 0.55% to 0.64%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Florida (2,368th of 3,644), and 9,499th of 11,654 in professional & technical services. In 2024, employees put in $5.26 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,735,374
Participants with balances112
Active participants154
Employer contributions$94,408
Employee contributions$496,457
Employer contribution per active participant$613
Average account balance$51,209
Benefits paid to participants$169,059
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.7M · 112 accts · $94K emplr
2023$4.5M · 120 accts · $98K emplr
2022$3.3M · 123 accts · $94K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,758
Total administrative$32,861
The Synergistix, Inc. 401(k) match · 2024
Employer contribution per active participant$613
Median for plans this size$1,313
2024$613 per active participant
2023$688 per active participant
2022$605 per active participant

Synergistix, 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.

Service providers · 20241
JOHN HANCOCK USA · Recordkeeping · Investment management$3,825

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$32,861 · 0.64%
2023$24,654 · 0.63%
2022$17,542 · 0.55%
Similar plansProfessional & Technical Services · Florida
9LINE LLC FL$5.8M · 0.29%
Goldstein Law Group, P.A. FL$5.7M · 0.58%
Calhoun International LLC FL$5.6M · 0.68%
Algenol U.S. Inc FL$5.5M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 650812682 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.