Plan Ledger DOL Form 5500 · updated monthly

Silver Star Telephone Company401(k)

SILVER STAR TELEPHONE COMPANY, INC. EMPLOYEES 401(K) PLAN · FREEDOM, WY · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Silver Star Telephone Company reported $98,860 in plan administrative expenses for 2024: 0.44% of average plan assets, above the peer median. Employer contributions averaged $3,463 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 fell from 0.52% to 0.44%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 19th-largest of 81 plans among Wyoming employers on file, and the 927th of 2,199 in information & media. In 2024, employees put in $1.67 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$23,617,129
Participants with balances193
Active participants133
Employer contributions$460,549
Employee contributions$769,378
Employer contribution per active participant$3,463
Average account balance$122,369
Benefits paid to participants$1,888,203
Plan auditUnmodified (clean) audit opinion
AuditorWSRP
Plan history3
Yearassets · accounts · employer contribution
2024$23.6M · 193 accts · $461K emplr
2023$21.2M · 186 accts · $448K emplr
2022$17.2M · 150 accts · $405K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,014
Investment management$63,846
Total administrative$98,860
The Silver Star Telephone Company 401(k) match · 2024
Employer contribution per active participant$3,463
Median for plans this size$2,416
2024$3,463 per active participant
2023$2,835 per active participant
2022$3,295 per active participant

Silver Star Telephone Company's 2024 employer contribution ran above the $2,416 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 · 20242
KESTRA ADVISORY SERVICES LLC · Investment advisory (plan)$63,846

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

Administrative cost history3
2024$98,860 · 0.44%
2023$85,287 · 0.44%
2022$105,733 · 0.52%
Same employer
Similar plansInformation & Media · Wyoming
Union Telephone Company WY$25.1M · 0.04%
Arcserve (USA), LLC CA$23.9M · 0.50%
Avoq LLC DC$23.9M · 0.56%
Bloomreach, Inc. CA$23.8M · 0.39%
Ancile Solutions, Inc. MD$23.8M · 0.01%
Payfone, Inc. NY$23.6M · 0.59%
Delta Communications, LLC GA$23.6M · 0.20%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 830175366 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.