Sri International 401(k) Review & Grade
Sri International Basic Retirement Plan
Menlo Park, CAProfessional, Scientific & Technical Services1,422 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$6,714Employer $ per active participant
$1,615Employee $ saved per active participant
0.04%Direct admin cost, % of plan assets
$887.1MNet plan assets, end of year
$186,598Average balance per account
Score breakdown
- Employer generosity41.5 / 5083th percentile for employer $ per participant
- Low cost22.5 / 2590th percentile for low admin cost vs. same-size plans
- Employee saving1.2 / 158th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score58 / 100 · Grade C
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 83th |
| Lower admin cost | 90th |
| Employee saving | 8th |
| Peers that auto-enroll | 48% |
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Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($99,287 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
What to do if you're in this plan
- Sri International put in about $6,714 per active participant, more than the typical peer ($3,082). 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.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- 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 | $9,546,814 |
| Participant (employee) contributions | $2,296,885 |
| Other contributions (incl. rollovers in) | $689,785 |
| Administrative expenses paid from the plan | $352,866 |
| Contract administrator fees | $3,694 |
| Investment advisory & management fees | $64,000 |
| Other admin expenses | $30,537 |
| Benefits paid out | $65,577,785 |
| Net assets, start / end of year | $851.7M / $887.1M |
| Active participants, start / end of year | 1,601 / 1,243 |
| Participants with account balances | 4,754 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Cbiz Cpas P.C. |
Largest service providers (Schedule C)
| Tiaa | $142,347 reported compensation |
| Cbiz Cpas P.C. | $73,028 reported compensation |
| Multnomah Group, Inc | $64,000 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251013200348NAL0000927859001, received 2025-10-13, EIN 94-1160950, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.