Southerntier Telecommunication401(k)
SOUTHERNTIER TELECOMMUNICATION 401(K) PROFIT SHARING PLAN & TRUST · CAPE CORAL, FL · plan year 2019
Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works
Southerntier Telecommunication reported $5,517 in plan administrative expenses for 2019: 6.05% 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 4 years on file its reported administrative ratio rose from 6.05% to 34.62%. The plan sits in the under $1M size bracket, benchmarked here against 102 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Florida (3,615th of 3,644), and 2,191st of 2,199 in information & media.
Southerntier Telecommunication's 2019 employer contribution ran below the $169 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.
Annual cost at the plan's reported 2019 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 813904568 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.