Plan Ledger DOL Form 5500 · updated monthly

Sila Services, LLC401(k)

SILA SERVICES LLC 401(K) PLAN · KING OF PRUSSIA, PA · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Sila Services, LLC reported $142,514 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. Employer contributions averaged $1,222 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 0.22% to 0.35%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 824th-largest of 3,651 plans among Pennsylvania employers on file, and the 1,087th of 5,337 in construction. In 2024, employees put in $3.71 for every $1.00 the employer contributed; active participation has grown from 891 to 1,808 since 2022.

Plan summary
Net assets, end of year$47,582,561
Participants with balances2,198
Active participants1,808
Employer contributions$2,209,415
Employee contributions$8,201,713
Employer contribution per active participant$1,222
Average account balance$21,648
Benefits paid to participants$3,666,135
Plan auditUnmodified (clean) audit opinion
AuditorGMS SURGENT, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$47.6M · 2,198 accts · $2.2M emplr
2023$32.9M · 1,322 accts · $1.6M emplr
2022$19.1M · 1,183 accts · $984K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$108,764
Investment management$33,750
Total administrative$142,514
The Sila Services, LLC 401(k) match · 2024
Employer contribution per active participant$1,222
Median for plans this size$2,416
2024$1,222 per active participant
2023$1,388 per active participant
2022$1,105 per active participant

Sila Services, LLC'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.

Administrative cost history3
2024$142,514 · 0.35%
2023$58,530 · 0.23%
2022$34,196 · 0.22%
Same employer
Similar plansConstruction · Pennsylvania
Mascaro Services, Inc. PA$50.7M · 0.18%
S&B USA Construction PA$50.4M · 0.55%
M. Davis & Sons, Inc. PA$49.7M · 0.29%
Conewago Holdings, Inc. PA$46.3M · 0.24%
Mericle Construction, Inc. PA$46.2M · 0.33%
Remco, Inc. PA$45.4M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 851645781 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.