Plan Ledger DOL Form 5500 · updated monthly

The S/L/A/M Collaborative, Inc.401(k)

THE S/L/A/M COLLABORATIVE, INC. INVESTMENT SAVINGS AND PROFIT SHARING PLAN · GLASTONBURY, CT · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

The S/L/A/M Collaborative, Inc. reported $35,591 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,028 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 fell from 0.06% to 0.05%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 240th-largest of 1,106 plans among Connecticut employers on file, and the 1,942nd of 11,654 in professional & technical services. In 2024, employees put in $3.72 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$74,647,858
Participants with balances395
Active participants282
Employer contributions$853,800
Employee contributions$3,173,471
Employer contribution per active participant$3,028
Average account balance$188,982
Benefits paid to participants$4,823,756
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$74.6M · 395 accts · $854K emplr
2023$65.4M · 411 accts · $823K emplr
2022$54.8M · 395 accts · $758K emplr
Administrative expenses, itemized · 2024
Investment management$35,591
Total administrative$35,591
The The S/L/A/M Collaborative, Inc. 401(k) match · 2024
Employer contribution per active participant$3,028
Median for plans this size$3,635
2024$3,028 per active participant
2023$2,858 per active participant
2022$2,670 per active participant

The S/L/A/M Collaborative, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20245
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$31,216
RAYMOND JAMES FINANCIAL SERVICESindirect comp
MORNINGSTAR INVESTMENT MANAGEMENT · Investment advisory (plan)indirect comp
WELLS THOMAS LLC · Other servicesindirect comp

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

Administrative cost history3
2024$35,591 · 0.05%
2023$30,247 · 0.05%
2022$35,726 · 0.06%
Same employer
Similar plansProfessional & Technical Services · Connecticut
Pullman & Comley, LLC CT$86.4M · 0.03%
Fuss & Oneill, Inc. CT$81.2M · 0.01%
Rite-Solutions, Inc. CT$63.8M · 0.17%
Icr, LLC CT$60.5M · 0.17%
Portfolio Advisors LLC CT$59.2M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 060950562 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.