Plan Ledger DOL Form 5500 · updated monthly

Synergos Companies LLC401(k)

SYNERGOS COMPANIES 401(K) PLAN · SCOTTSDALE, AZ · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

Synergos Companies LLC reported $139,609 in plan administrative expenses for 2024: 0.48% of average plan assets, higher than ~75% of peers. Employer contributions averaged $675 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 0.48%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 246th-largest of 1,285 plans among Arizona employers on file, and the 1,340th of 5,337 in construction. In 2024, employees put in $1.63 for every $1.00 the employer contributed; active participation has grown from 1,382 to 2,753 since 2022.

Plan summary
Net assets, end of year$36,299,148
Participants with balances757
Active participants2,753
Employer contributions$1,858,832
Employee contributions$3,032,834
Employer contribution per active participant$675
Average account balance$47,951
Benefits paid to participants$2,008,052
Plan auditUnmodified (clean) audit opinion
AuditorWALLACE, PLESE & DREHER, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$36.3M · 757 accts · $1.9M emplr
2023$22.1M · 613 accts · $1.5M emplr
2022$16.5M · 335 accts · $828K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,260
Investment management$130,349
Total administrative$139,609
The Synergos Companies LLC 401(k) match · 2024
Employer contribution per active participant$675
Median for plans this size$2,416
2024$675 per active participant
2023$603 per active participant
2022$599 per active participant

Synergos Companies LLC's 2024 employer contribution ran below the $2,416 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 · 20244
TRUOG-RYDING COMPANY, INC · Contract administrator$30,115
EMPOWER ADVISORY GROUP, LLC · Investment management$16,721
NYLIFE SECURITIES LLCindirect comp

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

Administrative cost history3
2024$139,609 · 0.48%
2023$94,076 · 0.49%
2022$71,557 · 0.47%
Similar plansConstruction · Arizona
Mgc Contractors, Inc. AZ$43.6M · 0.03%
Veregy, LLC AZ$40.9M · 0.15%
Nxg, LLC AZ$36.7M · 0.60%
Haydon Companies, LLC AZ$33.7M · 0.30%
Haydon Building Corp AZ$29.4M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 842764368 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.