Plan Ledger DOL Form 5500 · updated monthly

Sightline Payments LLC401(k)

SIGHTLINE PAYMENTS LLC 401(K) PLAN · LAS VEGAS, NV · plan year 2023

Reported admin expense ratio · 2023
0.08%

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

Sightline Payments LLC reported $2,281 in plan administrative expenses for 2023: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,941 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 0.10% to 0.11%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Nevada (316th of 437), and 4,553rd of 4,798 in finance & insurance. In 2023, employees put in $2.72 for every $1.00 the employer contributed; active participation has shrunk from 160 to 136 since 2022.

Plan summary
Net assets, end of year$3,621,808
Participants with balances135
Active participants136
Employer contributions$400,021
Employee contributions$1,087,251
Employer contribution per active participant$2,941
Average account balance$26,828
Benefits paid to participants$327,714
Plan auditUnmodified (clean) audit opinion
AuditorVELEZ & HARDY, CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$3.4M · 91 accts · $247K emplr
2023$3.6M · 135 accts · $400K emplr
2022$1.9M · 184 accts · $413K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$156
Investment management$2,125
Total administrative$2,281
The Sightline Payments LLC 401(k) match · 2023
Employer contribution per active participant$2,941
Median for plans this size$1,308
2024$3,686 per active participant
2023$2,941 per active participant
2022$2,581 per active participant

Sightline Payments LLC's 2023 employer contribution ran above the $1,308 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.

Administrative cost history3
2024$3,805 · 0.11%
2023$2,281 · 0.08%
2022$1,364 · 0.10%
Same employer
Similar plansFinance & Insurance · Nevada
College Loan Corp NV$7.9M · 0.02%
Interblock USA Lc NV$4.2M · 0.20%
Dlc Empire, LLC NV$3.0M · 1.53%
Skyoak Capital, Inc. NV$1.0M · 3.24%
Ccnyny LLC NV$19K · 0.90%

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Source: U.S. Department of Labor, Form 5500 series, EIN 262507943 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.