Plan Ledger DOL Form 5500 · updated monthly

Silver Ventures, Inc.401(k)

SILVER ASSOCIATES' SAVINGS PLAN · SAN ANTONIO, TX · plan year 2024

Reported admin expense ratio · 2024
0.52%

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

Silver Ventures, Inc. reported $136,188 in plan administrative expenses for 2024: 0.52% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,044 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 0.48% to 0.52%. 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 1,591st-largest of 5,688 plans among Texas employers on file, and 2,482nd of 4,798 in finance & insurance. In 2024, employees put in $1.71 for every $1.00 the employer contributed; active participation has grown from 435 to 663 since 2022.

Plan summary
Net assets, end of year$28,576,971
Participants with balances795
Active participants663
Employer contributions$1,355,061
Employee contributions$2,323,648
Employer contribution per active participant$2,044
Average account balance$35,946
Benefits paid to participants$3,932,089
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$28.6M · 795 accts · $1.4M emplr
2023$23.4M · 608 accts · $963K emplr
2022$20.9M · 560 accts · $949K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$74,383
Investment management$61,805
Total administrative$136,188
The Silver Ventures, Inc. 401(k) match · 2024
Employer contribution per active participant$2,044
Median for plans this size$2,416
2024$2,044 per active participant
2023$2,224 per active participant
2022$2,181 per active participant

Silver Ventures, Inc.'s 2024 employer contribution ran below 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 · 20243
ADP, INC. · Loan processing · Recordkeeping$74,383
MORGAN STANLEY SMITH BARNEY · Recordkeeping · Trustee$61,804
ADP BROKER-DEALER · Other servicesindirect 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, Morgan Stanley
2023ADP, Morgan Stanley

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$136,188 · 0.52%
2023$105,076 · 0.47%
2022$107,237 · 0.48%
Same employer
Similar plansFinance & Insurance · Texas
Aes Drilling Fluids, LLC TX$28.4M · 0.31%
P10 Holdings, Inc. TX$28.3M · 0.43%
Security State Bank & Trust TX$28.0M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 742638247 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.