Plan Ledger DOL Form 5500 · updated monthly

Slipstream IT, LLC401(k)

SLIPSTREAM IT, LLC 401(K) PLAN · BLUE BELL, PA · plan year 2024

Reported admin expense ratio · 2024
0.91%

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

Slipstream IT, LLC reported $58,819 in plan administrative expenses for 2024: 0.91% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,885 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 0.91%. 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 Pennsylvania (2,522nd of 3,651), and 8,663rd of 11,654 in professional & technical services. In 2024, employees put in $2.86 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,051,149
Participants with balances196
Active participants222
Employer contributions$418,390
Employee contributions$1,196,111
Employer contribution per active participant$1,885
Average account balance$41,077
Benefits paid to participants$165,144
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.1M · 196 accts · $418K emplr
2023$4.8M · 146 accts · $368K emplr
2022$2.7M · 146 accts · $443K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$58,819
Total administrative$58,819
The Slipstream IT, LLC 401(k) match · 2024
Employer contribution per active participant$1,885
Median for plans this size$1,313
2024$1,885 per active participant
2023$1,448 per active participant
2022$1,860 per active participant

Slipstream IT, LLC's 2024 employer contribution ran above the $1,313 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 · 20244
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$52,377
DELAWARE VALLEY RETIREMENT INC$3,475
DEFINITI, LLC$1,700
WILSHIRE ASSOCIATES INC (USA) · Investment advisory (participants)$1,267

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$58,819 · 0.91%
2023$31,144 · 0.83%
2022$20,531 · 0.95%
Similar plansProfessional & Technical Services · Pennsylvania
Sdlc Management, Inc. PA$8.1M · 0.75%
The Vista School PA$8.0M · 0.61%
Dvsport, Inc. PA$8.0M · 0.13%
Vitalyst, LLC PA$7.8M · 0.70%

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Source: U.S. Department of Labor, Form 5500 series, EIN 844282427 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.