Plan Ledger DOL Form 5500 · updated monthly

Summit Utility Services, LLC401(k)

SUMMIT UTILITY 401(K) PLAN AND TRUST · MISSOULA, MT · plan year 2022

Reported admin expense ratio · 2022
1.86%

Summit Utility Services, LLC reported $3,280 in plan administrative expenses for 2022: 1.86% of average plan assets, higher than ~75% of peers. 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Montana (227th of 229), and 5,301st of 5,337 in construction.

Plan summary
Net assets, end of year$166,857
Participants with balances22
Active participants146
Employer contributions—
Employee contributions$25,106
Employer contribution per active participant—
Average account balance$7,584
Benefits paid to participants$7,781
Plan auditUnmodified (clean) audit opinion
AuditorBOYLE, DEVENY & MEYER
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$3,280
Total administrative$3,280
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$3,280 · 1.86%
Similar plansConstruction · Montana
Franz Construction, Inc. MT$8.9M · 0.89%
Swank Enterprises Inc MT$5.9M · 1.46%
Statewide Roofing, Inc. CA$181K · 0.59%
E2O U.S., LLC MA$169K · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383844264 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.