Plan Ledger DOL Form 5500 · updated monthly

Montana Silversmiths, Inc.401(k)

MONTANA SILVERSMITHS, INC. 401(K) PLAN · COLUMBUS, MT · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Montana Silversmiths, Inc. reported $28,258 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $864 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 3 years on file its reported administrative ratio has held roughly steady near 0.23%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 105th-largest of 229 plans among Montana employers on file, and 7,664th of 13,661 in manufacturing. In 2024, employees put in $3.33 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,160,890
Participants with balances190
Active participants181
Employer contributions$156,463
Employee contributions$520,801
Employer contribution per active participant$864
Average account balance$69,268
Benefits paid to participants$682,458
Plan auditUnmodified (clean) audit opinion
AuditorUHY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$13.2M · 190 accts · $156K emplr
2023$11.8M · 188 accts · $155K emplr
2022$10.2M · 198 accts · $168K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,153
Investment management$23,105
Total administrative$28,258
The Montana Silversmiths, Inc. 401(k) match · 2024
Employer contribution per active participant$864
Median for plans this size$2,416
2024$864 per active participant
2023$889 per active participant
2022$971 per active participant

Montana Silversmiths, Inc.'s 2024 employer contribution ran below the $2,416 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
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$31,360
MMA SECURITIES LLC · Investment advisory (plan)$23,105

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

Recordkeeper by year2
2024The Standard
2023The Standard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$28,258 · 0.23%
2023$26,204 · 0.24%
2022$26,377 · 0.24%
Same employer
Similar plansManufacturing · Montana
Wyo-Ben, Inc. MT$27.6M · 0.32%
American Chemet Corporation MT$25.9M · 0.29%
Pfl Tech, Inc MT$25.0M · 0.37%
Lumibird Photonics USA, Inc MT$16.2M · 0.19%
Torgersons, LLC MT$11.4M · 0.43%
Sun Mountain Sports, Inc. MT$8.6M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752522577 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.