Plan Ledger DOL Form 5500 · updated monthly

Shentel Management Company401(k)

SHENTEL MANAGEMENT COMPANY 401(K) RETIREMENT PLAN · EDINBURG, VA · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Shentel Management Company reported $100,318 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $4,445 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 rose from 0.01% to 0.07%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other information & media employers. By assets it is the 189th-largest of 2,266 plans among Virginia employers on file, and the 233rd of 2,199 in information & media. In 2024, employees put in $1.14 for every $1.00 the employer contributed; active participation has grown from 832 to 1,062 since 2022.

Plan summary
Net assets, end of year$158,663,706
Participants with balances1,292
Active participants1,062
Employer contributions$4,721,039
Employee contributions$5,400,837
Employer contribution per active participant$4,445
Average account balance$122,805
Benefits paid to participants$13,700,654
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$158.7M · 1,292 accts · $4.7M emplr
2023$143.4M · 1,283 accts · $4.4M emplr
2022$123.2M · 1,317 accts · $4.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$88,976
Total administrative$100,318
The Shentel Management Company 401(k) match · 2024
Employer contribution per active participant$4,445
Median for plans this size$3,635
2024$4,445 per active participant
2023$5,332 per active participant
2022$5,066 per active participant

Shentel Management Company's 2024 employer contribution ran above the $3,635 median for plans its size. 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 · 20241
T ROWE PRICE RPS INC · Recordkeeping · Trustee$113,589

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

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

Administrative cost history3
2024$100,318 · 0.07%
2023$46,982 · 0.04%
2022$7,384 · 0.01%
Same employer
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Cvent, Inc. VA$240.6M · 0.10%
Alarm.com Holdings, Inc VA$198.5M · 0.12%
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Source: U.S. Department of Labor, Form 5500 series, EIN 201825528 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.