Shentel Management Company 401(k) Review & Grade
Shentel Management Company 401(k) Retirement Plan
Edinburg, VAInformation944 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$5,004Employer $ per active participant
$5,724Employee $ saved per active participant
0.07%Direct admin cost, % of plan assets
$158.7MNet plan assets, end of year
$122,805Average balance per account
Score breakdown
- Employer generosity40.6 / 5081th percentile for employer $ per participant
- Low cost20.6 / 2583th percentile for low admin cost vs. same-size plans
- Employee saving4.1 / 1527th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score75 / 100 · Grade A
This plan vs. peers
Peers: Information plans with 500–2,499 active participants (310 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 81th |
| Lower admin cost | 83th |
| Employee saving | 27th |
| Peers that auto-enroll | 59% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Shentel Management put in about $5,004 per active participant, more than the typical peer ($2,829). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $4,721,039 |
| Participant (employee) contributions | $5,400,837 |
| Other contributions (incl. rollovers in) | $282,764 |
| Administrative expenses paid from the plan | $100,318 |
| Benefits paid out | $13,700,654 |
| Net assets, start / end of year | $143.4M / $158.7M |
| Active participants, start / end of year | 825 / 1,062 |
| Participants with account balances | 1,292 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Brown, Edwards & Company, L.L.P. |
Largest service providers (Schedule C)
| T Rowe Price RPS Inc | $113,589 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250729214550NAL0003960065001, received 2025-07-29, EIN 20-1825528, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.