Seismic Software, Inc 401(k) Review & Grade
Seismic 401(k) Plan
San Deigo, CAInformation948 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$3,305Employer $ per active participant
$12,634Employee $ saved per active participant
0.26%Direct admin cost, % of plan assets
$94.8MNet plan assets, end of year
$83,277Average balance per account
Score breakdown
- Employer generosity29.6 / 5059th percentile for employer $ per participant
- Low cost11.5 / 2546th percentile for low admin cost vs. same-size plans
- Employee saving11.2 / 1574th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score52 / 100 · Grade C
This plan vs. peers
Peers: Information plans with 500–2,499 active participants (310 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 59th |
| Lower admin cost | 46th |
| Employee saving | 74th |
| Peers that auto-enroll | 59% |
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Red flags from the filing
Corrective distributions: the plan refunded $14,754 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Seismic Software put in about $3,305 per active participant, more than the typical peer ($2,829). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $3,131,385 |
| Participant (employee) contributions | $11,970,400 |
| Other contributions (incl. rollovers in) | $1,708,064 |
| Administrative expenses paid from the plan | $219,774 |
| Investment advisory & management fees | $99,598 |
| Benefits paid out | $8,518,701 |
| Net assets, start / end of year | $74.9M / $94.8M |
| Active participants, start / end of year | 989 / 906 |
| Participants with account balances | 1,138 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Katz Sapper & Miller LLP |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $120,176 reported compensation |
| Mma Securities | $81,521 reported compensation |
| Strategic Advisors, Inc. | $18,076 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250917100619NAL0000396179001, received 2025-09-17, EIN 27-3002342, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.