Plan Ledger DOL Form 5500 · updated monthly

Ligado Networks LLC401(k)

LIGADO NETWORKS LLC 401(K) PLAN · RESTON, VA · plan year 2022

Reported admin expense ratio · 2022
0.01%

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

Ligado Networks LLC reported $2,695 in plan administrative expenses for 2022: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,024 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other information & media employers. By assets it is the 852nd-largest of 2,266 plans among Virginia employers on file, and the 885th of 2,199 in information & media. In 2022, employees put in $2.04 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$25,052,530
Participants with balances98
Active participants64
Employer contributions$513,543
Employee contributions$1,048,450
Employer contribution per active participant$8,024
Average account balance$255,638
Benefits paid to participants$1,508,388
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$2,695
Total administrative$2,695
The Ligado Networks LLC 401(k) match · 2022
Employer contribution per active participant$8,024
Median for plans this size$2,266

Ligado Networks LLC's 2022 employer contribution ran above the $2,266 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 history1
2022$2,695 · 0.01%
Similar plansInformation & Media · Virginia
Ultisat Inc. VA$28.2M · 0.20%
Axios Media, Inc. VA$25.9M · 0.05%
Ita International, LLC VA$23.5M · 0.32%
China Telecom Americas VA$22.3M · 0.27%
Snag Holdings, Inc. VA$21.9M · 0.44%
Projection, Inc. VA$19.3M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541993801 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.