Plan Ledger DOL Form 5500 · updated monthly

Mercury Broadband, LLC401(k)

MERCURY BROADBAND, LLC 401(K) PLAN · TOPEKA, KS · plan year 2024

Reported admin expense ratio · 2024
2.93%

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

Mercury Broadband, LLC reported $56,750 in plan administrative expenses for 2024: 2.93% of average plan assets, higher than ~90% of peers. Employer contributions averaged $512 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 2.13% to 2.93%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Kansas (743rd of 828), and 2,066th of 2,199 in information & media. In 2024, employees put in $8.40 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,361,367
Participants with balances404
Active participants245
Employer contributions$125,490
Employee contributions$1,054,590
Employer contribution per active participant$512
Average account balance$5,845
Benefits paid to participants$570,415
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$2.4M · 404 accts · $125K emplr
2023$1.5M · 413 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,373
Investment management$15,377
Total administrative$56,750
The Mercury Broadband, LLC 401(k) match · 2024
Employer contribution per active participant$512
Median for plans this size$1,313

Mercury Broadband, LLC's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
ADP, INC. · Loan processing · Recordkeeping$47,597
RESOURCES INVESTMENT ADVISORS, INC. · Recordkeeping · Trustee$9,153

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

Recordkeeper by year2
2024ADP, RESOURCES INVESTMENT ADVISORS, INC.
2023ADP

This plan has changed recordkeepers within these filings. If you left Mercury Broadband, LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history2
2024$56,750 · 2.93%
2023$21,032 · 2.13%
Same employer
Similar plansInformation & Media · Kansas
Uhlig LLC KS$11.7M · 0.67%
Nex-Tech Wireless. L.L.C. KS$10.3M · 0.41%
Drisco, LLC KS$4.9M · 0.07%
Acoustic Sounds KS$2.3M · 1.04%
Wise Connect Inc KS$398K · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 260877861 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.