Plan Ledger DOL Form 5500 · updated monthly

Signal Management Services, LLC401(k)

SIGNAL MUTUAL 401(K) PLAN · WILTON, CT · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Signal Management Services, LLC reported $32,260 in plan administrative expenses for 2024: 0.14% of average plan assets, below the peer median. Employer contributions averaged $7,239 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 0.08% to 0.14%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 499th-largest of 1,106 plans among Connecticut employers on file, and 2,760th of 4,798 in finance & insurance. In 2024, employees put in $1.52 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$23,996,188
Participants with balances180
Active participants146
Employer contributions$1,056,860
Employee contributions$1,601,206
Employer contribution per active participant$7,239
Average account balance$133,312
Benefits paid to participants$3,281,507
Plan auditUnmodified (clean) audit opinion
AuditorFIONDELLA, MILONE & LASARACINA LLP
Plan history2
Yearassets · accounts · employer contribution
2024$24.0M · 180 accts · $1.1M emplr
2023$20.6M · 175 accts · $952K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,260
Total administrative$32,260
The Signal Management Services, LLC 401(k) match · 2024
Employer contribution per active participant$7,239
Median for plans this size$2,416
2024$7,239 per active participant
2023$6,609 per active participant

Signal Management Services, LLC's 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20246
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$14,430
MORNINGSTAR INVESTMENT MANAGEMENT · Investment advisory (participants)$6,021
VOYA RETIREMENT INS & ANNUITY CO. · Investment advisory (participants)$6,021
ASCENSUS$1,008
LOREN D. STARK COMPANY · Other servicesindirect comp
MORNINGSTAR · Investment advisory (plan)indirect comp

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

Administrative cost history2
2024$32,260 · 0.14%
2023$16,066 · 0.08%
Same employer
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Dime Bank CT$26.4M · 0.03%
Savings Bank of Danbury CT$25.8M · 0.07%
Thomaston Savings Bank CT$25.7M · 0.28%
Marino Management, LLC CT$25.0M · 0.00%
The Milford Bank CT$23.0M · 0.31%
Healthplanone, LLC CT$23.0M · 0.36%
The Guilford Savings Bank CT$23.0M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 873227442 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.