Plan Ledger DOL Form 5500 · updated monthly

Synovation Holdings, LLC401(k)

SYNOVATION HOLDINGS LLC RETIREMENT SAVINGS PLAN · RANCHO CUCAMONGA, CA · plan year 2024

Reported admin expense ratio · 2024
0.93%

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

Synovation Holdings, LLC reported $43,982 in plan administrative expenses for 2024: 0.93% of average plan assets, higher than ~75% of peers. Employer contributions averaged $0 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 0.93%. 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 California (6,941st of 9,483), and 7,803rd of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$5,182,789
Participants with balances302
Active participants269
Employer contributions$0
Employee contributions$727,308
Employer contribution per active participant$0
Average account balance$17,162
Benefits paid to participants$481,751
Plan auditUnmodified (clean) audit opinion
AuditorDAVID L. BUCK, CPA
Plan history3
Yearassets · accounts · employer contribution
2024$5.2M · 302 accts
2023$4.3M · 278 accts
2022$3.3M · 261 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,689
Investment management$4,293
Total administrative$43,982
The Synovation Holdings, LLC 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Synovation Holdings, LLC'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
ADP, INC. · Loan processing · Recordkeeping$37,847
LPL FINANCIAL CORPORATION RPCP · Recordkeeping · Trustee$6,133

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

Recordkeeper by year2
2024ADP, LPL Financial
2023ADP

This plan has changed recordkeepers within these filings. If you left Synovation Holdings, LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$43,982 · 0.93%
2023$43,032 · 1.13%
2022$33,435 · 0.95%
Similar plansHealth Care & Social Assistance · California
Baker Places, Inc. CA$5.2M · 1.07%
St. Joseph Center CA$5.2M · 0.70%

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Source: U.S. Department of Labor, Form 5500 series, EIN 464946019 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.