Plan Ledger DOL Form 5500 · updated monthly

Silversky Inc.401(k)

SILVERSKY INC 401(K) PLAN · MILFORD, CT · plan year 2024

Reported admin expense ratio · 2024
0.02%

Silversky Inc. reported $3,162 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. 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 0.01% to 0.02%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Connecticut (577th of 1,106), and the 5,817th of 11,654 in professional & technical services. active participation has shrunk from 139 to 116 since 2022.

Plan summary
Net assets, end of year$18,522,585
Participants with balances133
Active participants116
Employer contributions—
Employee contributions$922,608
Employer contribution per active participant—
Average account balance$139,268
Benefits paid to participants$1,798,236
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.5M · 133 accts
2023$16.8M · 142 accts · $495K emplr
2022$12.3M · 115 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,162
Total administrative$3,162
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 · 20241
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$3,162

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$3,162 · 0.02%
2023$3,830 · 0.03%
2022$1,380 · 0.01%
Same employer
Similar plansProfessional & Technical Services · Connecticut
Lab Logistics, LLC CT$21.0M · 0.39%
Aps Technology, Inc. CT$19.9M · 0.06%
365 Operating Company, LLC CT$18.1M · 0.10%
Continuum of Care Inc CT$18.0M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061600222 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.