Plan Ledger DOL Form 5500 · updated monthly

Truvista Communications, Inc.401(k)

TRUVISTA 401(K) RETIREMENT PLAN · CHESTER, SC · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Truvista Communications, Inc. reported $99,665 in plan administrative expenses for 2024: 0.36% of average plan assets, above the peer median. Employer contributions averaged $2,982 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 0.33% to 0.36%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 181st-largest of 807 plans among South Carolina employers on file, and the 762nd of 2,199 in information & media. In 2024, employees put in $1.38 for every $1.00 the employer contributed; active participation has grown from 187 to 273 since 2022.

Plan summary
Net assets, end of year$30,790,249
Participants with balances223
Active participants273
Employer contributions$814,063
Employee contributions$1,127,148
Employer contribution per active participant$2,982
Average account balance$138,073
Benefits paid to participants$1,072,128
Plan auditUnmodified (clean) audit opinion
AuditorBAUKNIGHT, PIETRAS, & STORMER, P.A.
Plan history3
Yearassets · accounts · employer contribution
2024$30.8M · 223 accts · $814K emplr
2023$25.3M · 216 accts · $714K emplr
2022$18.7M · 153 accts · $511K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$99,665
Total administrative$99,665
The Truvista Communications, Inc. 401(k) match · 2024
Employer contribution per active participant$2,982
Median for plans this size$2,416
2024$2,982 per active participant
2023$2,578 per active participant
2022$2,730 per active participant

Truvista Communications, Inc.'s 2024 employer contribution ran above the $2,416 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$99,665
WELLS FARGO ADVISORS INS AGENCY LLC · Other servicesindirect comp
WELLS FARGO ADVISORS FIN NETWORK · Other servicesindirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect 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$99,665 · 0.36%
2023$79,115 · 0.36%
2022$67,938 · 0.33%
Similar plansInformation & Media · South Carolina
Afl Telecommunications, LLC SC$178.6M · 0.06%
Evening Post Group, LLC SC$8.3M · 0.24%
Softdocs Sc, LLC SC$7.1M · 0.44%
Red Ventures Coqui, LLC SC$6.3M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 571011055 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.