Plan Ledger DOL Form 5500 · updated monthly

Advanced Connections, Inc.401(k)

ADVANCED CONNECTIONS, INC. 401(K) PROFIT SHARING PLAN · CARROLLTON, TX · plan year 2022

Reported admin expense ratio · 2022
1.36%

Advanced Connections, Inc. reported $11,407 in plan administrative expenses for 2022: 1.36% of average plan assets, above the peer median. 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Texas (5,353rd of 5,688), and 5,165th of 5,337 in construction.

Plan summary
Net assets, end of year$739,147
Participants with balances41
Active participants96
Employer contributions—
Employee contributions$122,868
Employer contribution per active participant—
Average account balance$18,028
Benefits paid to participants$154,926
Plan auditUnmodified (clean) audit opinion
AuditorFARMER, FUQUA & HUFF, P.C.
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$10,857
Investment management$550
Total administrative$11,407
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$11,407 · 1.36%
Same employer
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City Masonry II, LLC TX$878K · 0.03%
Pure Energy Inc. TX$704K · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752277261 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.