Plan Ledger DOL Form 5500 · updated monthly

Dominion Digital, Inc. dba Singlestone401(k)

SINGLESTONE 401(K) RETIREMENT PLAN · RICHMOND, VA · plan year 2023

Reported admin expense ratio · 2023
0.27%

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

Dominion Digital, Inc. dba Singlestone reported $37,904 in plan administrative expenses for 2023: 0.27% of average plan assets, below the peer median. Employer contributions averaged $5,451 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 2 years on file its reported administrative ratio fell from 0.28% to 0.26%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Virginia (1,159th of 2,266), and 6,449th of 11,654 in professional & technical services. In 2023, employees put in $2.05 for every $1.00 the employer contributed; active participation has shrunk from 147 to 98 since 2022.

Plan summary
Net assets, end of year$15,548,674
Participants with balances181
Active participants98
Employer contributions$534,197
Employee contributions$1,092,498
Employer contribution per active participant$5,451
Average account balance$85,904
Benefits paid to participants$1,242,925
Plan auditUnmodified (clean) audit opinion
AuditorHANTZMON WIEBEL, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$15.0M · 156 accts · $338K emplr
2023$15.5M · 181 accts · $534K emplr
2022$12.4M · 176 accts · $438K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$2,250
Investment management$35,654
Total administrative$37,904
The Dominion Digital, Inc. dba Singlestone 401(k) match · 2023
Employer contribution per active participant$5,451
Median for plans this size$2,440
2024$4,969 per active participant
2023$5,451 per active participant
2022$2,980 per active participant

Dominion Digital, Inc. dba Singlestone's 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
EVOLUTION ADVISERS, INC · Investment advisory (participants) · Investment advisory (plan)$35,654

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

Administrative cost history3
2024$39,821 · 0.26%
2023$37,904 · 0.27%
2022$37,310 · 0.28%
Same employer
Similar plansProfessional & Technical Services · Virginia
Hurt & Proffitt, Inc. VA$15.9M · 0.31%
Worldvu Development LLC VA$15.7M · 0.26%
Parry Labs, LLC VA$15.7M · 1.07%
Illuminate Operations Inc. VA$15.4M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541736036 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.