Plan Ledger DOL Form 5500 · updated monthly

Skybridge Resources, LLC401(k)

SKYBRIDGE RESOURCES, LLC 401(K) PLAN · TAMPA, FL · plan year 2024

Reported admin expense ratio · 2024
1.38%

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

Skybridge Resources, LLC reported $44,560 in plan administrative expenses for 2024: 1.38% of average plan assets, higher than ~90% of peers. Employer contributions averaged $0 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 3 years on file its reported administrative ratio has held roughly steady near 1.38%. 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 Florida (2,719th of 3,644), and 10,229th of 11,654 in professional & technical services. active participation has shrunk from 408 to 259 since 2022.

Plan summary
Net assets, end of year$3,851,734
Participants with balances103
Active participants259
Employer contributions$0
Employee contributions$480,920
Employer contribution per active participant$0
Average account balance$37,395
Benefits paid to participants$257,274
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.9M · 103 accts
2023$2.6M · 106 accts
2022$1.9M · 71 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,579
Investment management$15,981
Audit (IQPA)$12,000
Total administrative$44,560
The Skybridge Resources, LLC 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Skybridge Resources, LLC's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom quarter of its peers. 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$16,579
DARWIN ADVISORS LLC · Investment advisory (plan)$14,868
CARON & BLETZER · Accounting / audit$12,000

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$44,560 · 1.38%
2023$31,827 · 1.42%
2022$28,595 · 1.45%
Same employer
Similar plansProfessional & Technical Services · Florida
Ephonamation.com, Inc. FL$3.9M · 1.44%
Smart Infrastructure LLC FL$3.8M · 1.21%
Ltc Pharma Hldg LLC FL$3.7M · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201947062 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.