What are the fees in the Syngularity 401(k) plan?

For plan year 2022, Syngularity reported $18,465 in plan administrative expenses, or 5.69% of average plan assets — higher than ~90% of peers. Fund-level expense ratios are not included in public filings.

What is the Syngularity 401(k) match?

In 2022, employer contributions to the Syngularity plan averaged $1,157 per active participant, above the $331 median for plans of similar size. Public filings report contribution dollars, not the match formula; the formula is in the plan's summary plan description.

Syngularity401(k)

Name: Syngularity 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

SECURE2RETIRE POOLED EMPLOYER PLAN · CABIN JOHN, MD · plan year 2022

Reported admin expense ratio · 2022

5.69%

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

Syngularity reported $18,465 in plan administrative expenses for 2022: 5.69% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,157 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Maryland (1,623rd of 1,671), and 5,212th of 5,337 in construction. In 2022, the employer put in $42.35 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$553,870
Participants with balances0
Active participants376
Employer contributions$434,874
Employee contributions$10,269
Employer contribution per active participant$1,157
Average account balance—
Benefits paid to participants$48,179

Plan history2

Yearassets · accounts · employer contribution

2023$0

2022$554K · $435K emplr

Administrative expenses, itemized · 2022

Professional / advisory$18,196

Total administrative$18,465

The Syngularity 401(k) match · 2022

Employer contribution per active participant$1,157

Median for plans this size$331

Syngularity's 2022 employer contribution ran above the $331 median for plans its size, placing it in the top 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

Your balance

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2

2023Not separately reported

2022$18,465 · 5.69%

Similar plansConstruction · Maryland
Rock Spring Contracting MD$1.2M · 0.59%
Hammers Utility Corp. MD$1.2M · 0.19%
Gordon Contractors, Inc MD$1.1M · 0.40%
Board of Trustees, Stone & Marble Masons of Metro Wash D.C. Annuity Fu MD$971K · 7.06%
Interior Specialists, Inc. MD$424K · 2.16%
Interstate Construction and Development Company, LLC MD$352K · 4.70%
A Halcon Contractors, Inc. Traffic Services MD$249K · 4.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 863341210 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.