Plan Ledger DOL Form 5500 · updated monthly

Virgin Islands Telephone Corporation dba Viya401(k)

UNITED STEELWORKERS OF AMERICA 401(K) PLAN FOR BARGAINING UNIT EMPLOYEES OF VITELCO · ST THOMAS, VI · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Virgin Islands Telephone Corporation dba Viya reported $25,544 in plan administrative expenses for 2024: 0.34% of average plan assets, below the peer median. Employer contributions averaged $1,327 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 3 years on file its reported administrative ratio has held roughly steady near 0.34%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in VI (7th of 13), and 1,661st of 2,199 in information & media. In 2024, employees put in $3.88 for every $1.00 the employer contributed; active participation has shrunk from 79 to 67 since 2022.

Plan summary
Net assets, end of year$7,767,084
Participants with balances100
Active participants67
Employer contributions$88,894
Employee contributions$344,602
Employer contribution per active participant$1,327
Average account balance$77,671
Benefits paid to participants$617,313
Plan auditUnmodified (clean) audit opinion
AuditorHBE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$7.8M · 100 accts · $89K emplr
2023$7.1M · 106 accts · $80K emplr
2022$6.4M · 102 accts · $79K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,700
Investment management$15,844
Total administrative$25,544
The Virgin Islands Telephone Corporation dba Viya 401(k) match · 2024
Employer contribution per active participant$1,327
Median for plans this size$1,313
2024$1,327 per active participant
2023$987 per active participant
2022$994 per active participant

Virgin Islands Telephone Corporation dba Viya's 2024 employer contribution ran above the $1,313 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
ONEDIGITAL INVESTMENT ADVISORS LLC · Consulting$14,824
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$2,429

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$25,544 · 0.34%
2023$26,161 · 0.39%
2022$23,613 · 0.35%
Similar plansInformation & Media · VI
Relationalai, Inc. CA$7.8M · 0.11%
Theskimm, Inc. AZ$7.8M · 0.12%
Catalyte, Inc. MD$7.7M · 0.50%
Kwp Studios, Inc. NY$7.7M · 0.23%
Hilti Fieldwire, Inc. CA$7.7M · 0.13%
Audio and Video Labs, Inc OR$7.7M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 670251357 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.