Plan Ledger DOL Form 5500 · updated monthly

Sletten, Inc.ESOP

SLETTEN, INC. EMPLOYEE STOCK OWNERSHIP PLAN · GREAT FALLS, MT · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Sletten, Inc. reported $26,848 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $20,758 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 0.02% to 0.03%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 18th-largest of 229 plans among Montana employers on file, and the 694th of 5,337 in construction. active participation has grown from 271 to 326 since 2022.

Plan summary
Net assets, end of year$86,695,741
Participants with balances434
Active participants326
Employer contributions$6,767,087
Employee contributions—
Employer contribution per active participant$20,758
Average account balance$199,760
Benefits paid to participants$9,294,486
Plan auditUnmodified (clean) audit opinion
AuditorJCCS, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$86.7M · 434 accts · $6.8M emplr
2023$71.9M · 401 accts · $5.3M emplr
2022$64.7M · 359 accts · $4.9M emplr
Administrative expenses, itemized · 2024
Investment management$20,463
Total administrative$26,848
Employer contributions to the Sletten, Inc. plan · 2024
Employer contribution per active participant$20,758
Median for plans this size$3,635
2024$20,758 per active participant
2023$17,701 per active participant
2022$18,248 per active participant

Sletten, Inc.'s 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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 · 20242
CAPITAL RESEARCH & MANAGEMENT CO · Recordkeeping$10,672
EDWARD JONES · Investment advisory (plan)$9,791

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

Recordkeeper by year2
2024CAPITAL RESEARCH & MANAGEMENT CO
2023CAPITAL GROUP RETIREMENT PLAN SERVI

This plan has changed recordkeepers within these filings. If you left Sletten, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$26,848 · 0.03%
2023$16,640 · 0.02%
2022$13,166 · 0.02%
All plans at this employer2
SLETTEN, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
SLETTEN, INC. 401 (K) PROFIT SHARING PLAN & TRUST401(k)
Same employer
Similar plansConstruction · Montana
Kitchell Corporation AZ$87.3M · 0.20%
Shelly & Sands, Inc. OH$86.9M · 0.21%
Lithko Contracting, LLC OH$86.2M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 810418015 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.