Plan Ledger DOL Form 5500 · updated monthly

Via Satellite, Inc.401(k)

VIA SATELLITE, INC. 401(K) PLAN · FRONT ROYAL, VA · plan year 2024

Reported admin expense ratio · 2024
1.33%

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

Via Satellite, Inc. reported $11,723 in plan administrative expenses for 2024: 1.33% of average plan assets, above the peer median. Employer contributions averaged $683 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 0.38% to 1.33%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Virginia (2,178th of 2,266), and 5,122nd of 5,337 in construction. In 2024, employees put in $1.36 for every $1.00 the employer contributed; active participation has grown from 60 to 85 since 2022.

Plan summary
Net assets, end of year$948,096
Participants with balances217
Active participants85
Employer contributions$58,035
Employee contributions$78,838
Employer contribution per active participant$683
Average account balance$4,369
Benefits paid to participants$72,769
Plan auditUnmodified (clean) audit opinion
AuditorGELMAN, ROSENBERG & FREEDMAN
Plan history3
Yearassets · accounts · employer contribution
2024$948K · 217 accts · $58K emplr
2023$815K · 198 accts · $35K emplr
2022$392K · 97 accts · $10K emplr
Administrative expenses, itemized · 2024
Investment management$11,723
Total administrative$11,723
The Via Satellite, Inc. 401(k) match · 2024
Employer contribution per active participant$683
Median for plans this size$540
2024$683 per active participant
2023$390 per active participant
2022$171 per active participant

Via Satellite, Inc.'s 2024 employer contribution ran above the $540 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 · 20243
GELMAN, ROSENBERG & FREEDMAN PC$11,723
MY BENEFITS LLC · Contract administrator$2,115

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$11,723 · 1.33%
2023Not separately reported
2022$1,587 · 0.38%
All plans at this employer2
VIA SATELLITE, INC. 401(K) PLAN401(k)
VIA SATELLITE, INC. 401(K) PLAN401(k)
Similar plansConstruction · Virginia
Procon, Inc. VA$1.2M · 0.04%
Shoosmith Bros. , Inc. VA$1.0M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541367647 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.