Plan Ledger DOL Form 5500 · updated monthly

Silotech Group, Inc.401(k)

SILOTECH GROUP INC 401K PLAN · SAN ANTONIO, TX · plan year 2024

Reported admin expense ratio · 2024
0.60%

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

Silotech Group, Inc. reported $26,169 in plan administrative expenses for 2024: 0.60% of average plan assets, above the peer median. Employer contributions averaged $2,089 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 fell from 0.73% to 0.60%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Texas (4,142nd of 5,688), and 9,912th of 11,654 in professional & technical services. In 2024, employees put in $2.08 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,711,095
Participants with balances134
Active participants159
Employer contributions$332,159
Employee contributions$692,115
Employer contribution per active participant$2,089
Average account balance$35,157
Benefits paid to participants$890,390
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$4.7M · 134 accts · $332K emplr
2023$4.0M · 112 accts · $271K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,058
Investment management$23,111
Total administrative$26,169
The Silotech Group, Inc. 401(k) match · 2024
Employer contribution per active participant$2,089
Median for plans this size$1,313
2024$2,089 per active participant
2023$1,976 per active participant

Silotech Group, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20243
ENDURE RETIREMENT LLC · Recordkeeping · Pension consulting$23,108
ADP, INC. · Loan processing · Recordkeeping$3,057
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP, ENDURE RETIREMENT LLC
2023ADP, ENDURE RETIREMENT LLC

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Administrative cost history2
2024$26,169 · 0.60%
2023$27,659 · 0.73%
All plans at this employer2
SILOTECH GROUP INC 401K PLAN401(k)
SILOTECH GROUP, INC. 401(K) PLAN401(k)
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 263512026 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.