Plan Ledger DOL Form 5500 · updated monthly

Stamats Communications, Inc.401(k)

STAMATS COMMUNICATIONS, INC. 401(K) PLAN · CEDAR RAPIDS, IA · plan year 2023

Reported admin expense ratio · 2023
0.49%

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

Stamats Communications, Inc. reported $49,085 in plan administrative expenses for 2023: 0.49% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,618 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 0.39% to 0.52%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Iowa (560th of 878), and 1,458th of 2,199 in information & media. In 2023, employees put in $2.42 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,761,402
Participants with balances123
Active participants78
Employer contributions$204,230
Employee contributions$493,245
Employer contribution per active participant$2,618
Average account balance$87,491
Benefits paid to participants$728,871
Plan auditUnmodified (clean) audit opinion
AuditorTHE BREMS GROUP, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$9.6M · 102 accts · $203K emplr
2023$10.8M · 123 accts · $204K emplr
2022$9.3M · 132 accts · $195K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$18,450
Investment management$20,635
Audit (IQPA)$10,000
Total administrative$49,085
The Stamats Communications, Inc. 401(k) match · 2023
Employer contribution per active participant$2,618
Median for plans this size$2,440
2024$4,510 per active participant
2023$2,618 per active participant
2022$2,537 per active participant

Stamats Communications, Inc.'s 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
ALERUS FINANCIAL, N.A. · Recordkeeping · Trustee$49,085

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

Recordkeeper by year2
2024Alerus
2023Alerus

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

Administrative cost history3
2024$52,612 · 0.52%
2023$49,085 · 0.49%
2022$40,581 · 0.39%
Similar plansInformation & Media · Iowa
Imon Communications, LLC IA$12.8M · 0.56%
Nrg Media, LLC IA$12.3M · 0.24%
Carrier Access Inc. IA$7.1M · 0.01%
Communication Data Link IA$1.0M · 1.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 420641030 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.