Plan Ledger DOL Form 5500 · updated monthly

Cellular Only Connection, Inc.401(k)

CELLULAR ONLY CONNECTION, INC. 401(K) PLAN · SIOUX FALLS, SD · plan year 2022

Reported admin expense ratio · 2022
1.83%

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

Cellular Only Connection, Inc. reported $17,519 in plan administrative expenses for 2022: 1.83% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,071 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 1 year on file its reported administrative ratio rose from 1.83% to 2.24%. The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in South Dakota (224th of 233), and 2,152nd of 2,199 in information & media. In 2022, employees put in $1.54 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$977,031
Participants with balances100
Active participants139
Employer contributions$148,871
Employee contributions$229,384
Employer contribution per active participant$1,071
Average account balance$9,770
Benefits paid to participants$123,400
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$376K · 68 accts · $37K emplr
2022$977K · 100 accts · $149K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$17,519
Total administrative$17,519
The Cellular Only Connection, Inc. 401(k) match · 2022
Employer contribution per active participant$1,071
Median for plans this size$331
2023$37,348 per active participant
2022$1,071 per active participant

Cellular Only Connection, Inc.'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

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
2023$15,168 · 2.24%
2022$17,519 · 1.83%
Similar plansInformation & Media · South Dakota
South Dakota Network, LLC SD$36.2M · 0.39%
B&M Ashman, Inc. MI$1.0M · 1.44%
Literati Inc. TX$1.0M · 1.85%
Communication Data Link IA$1.0M · 1.56%
Media Sales Plus Inc NY$942K · 0.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 460446813 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.