Plan Ledger DOL Form 5500 · updated monthly

Synergy Services Inc.401(k)

SYNERGY SERVICES INC. 401(K) PLAN · PARKVILLE, MO · plan year 2024

Reported admin expense ratio · 2024
0.63%

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

Synergy Services Inc. reported $19,130 in plan administrative expenses for 2024: 0.63% of average plan assets, above the peer median. Employer contributions averaged $388 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 0.633%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Missouri (1,177th of 1,393), and 9,094th of 11,911 in health care & social assistance. In 2024, employees put in $4.58 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,225,112
Participants with balances100
Active participants211
Employer contributions$81,770
Employee contributions$374,641
Employer contribution per active participant$388
Average account balance$32,251
Benefits paid to participants$447,672
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.2M · 100 accts · $82K emplr
2023$2.8M · 105 accts · $76K emplr
2022$2.2M · 112 accts · $74K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,130
Total administrative$19,130
The Synergy Services Inc. 401(k) match · 2024
Employer contribution per active participant$388
Median for plans this size$1,313
2024$388 per active participant
2023$336 per active participant
2022$340 per active participant

Synergy Services 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 · 20243
ALERUS FINANCIAL, N.A. · Recordkeeping · Custodial (securities)$19,130
CHARLES SCHWAB & CO., INC. · Custodial (securities)indirect comp
CHARLES SCHWAB BANK · Custodial (securities) · Investment managementindirect comp

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

Recordkeeper by year2
2024Alerus
2023Alerus

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

Administrative cost history3
2024$19,130 · 0.63%
2023$16,623 · 0.66%
2022$16,054 · 0.63%
Same employer
Similar plansHealth Care & Social Assistance · Missouri
Twin Oaks Estate, Inc. MO$3.3M · 1.29%
Seniorage MO$2.9M · 1.45%
Easy Living Inc. MO$2.9M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 430970674 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.