Plan Ledger DOL Form 5500 · updated monthly

Skybeam, LLC dba Rise Broadband, a Colorado LLC401(k)

SKYBEAM, LLC DBA RISE BROADBAND 401(K) PLAN · ENGLEWOOD, CO · plan year 2024

Reported admin expense ratio · 2024
0.92%

Skybeam, LLC dba Rise Broadband, a Colorado LLC reported $87,320 in plan administrative expenses for 2024: 0.92% of average plan assets, higher 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 0.54% to 0.92%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Colorado (787th of 1,461), and 1,507th of 2,199 in information & media.

Plan summary
Net assets, end of year$10,111,968
Participants with balances330
Active participants580
Employer contributions—
Employee contributions$1,100,603
Employer contribution per active participant—
Average account balance$30,642
Benefits paid to participants$1,573,819
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.1M · 330 accts
2023$9.0M · 358 accts
2022$7.3M · 352 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$61,026
Investment management$25,000
Total administrative$87,320
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
CREATIVE PLANNING HOLDCO LLC · Investment advisory (plan)$25,000
ASCENSUS HOLDINGS, INC. · Contract administrator$16,753

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$87,320 · 0.92%
2023$70,665 · 0.87%
2022$41,601 · 0.54%
Same employer
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Techinsights USA, Inc. CO$16.3M · 0.38%
Gaia International, Inc. CO$13.0M · 0.53%
Madcap Software, Inc. CO$10.4M · 0.43%
Tracegains Inc CO$9.3M · 0.41%
Emergy, Inc. CO$7.6M · 0.41%
Sounds True Inc. CO$7.2M · 0.70%

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Source: U.S. Department of Labor, Form 5500 series, EIN 272941416 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.