Plan Ledger DOL Form 5500 · updated monthly

Carrier Access Inc.401(k)

CARRIER ACCESS 401(K) PLAN · CLIVE, IA · plan year 2023

Reported admin expense ratio · 2023
0.01%

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

Carrier Access Inc. reported $620 in plan administrative expenses for 2023: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,914 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 1 year on file its reported administrative ratio rose from 0.01% to 0.28%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Iowa (643rd of 878), and 1,707th of 2,199 in information & media. In 2023, employees put in $4.17 for every $1.00 the employer contributed; active participation has grown from 102 to 114 since 2022.

Plan summary
Net assets, end of year$7,131,634
Participants with balances120
Active participants114
Employer contributions$218,174
Employee contributions$910,555
Employer contribution per active participant$1,914
Average account balance$59,430
Benefits paid to participants$141,168
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.4M · 63 accts · $112K emplr
2023$7.1M · 120 accts · $218K emplr
2022$5.1M · 110 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$620
Total administrative$620
The Carrier Access Inc. 401(k) match · 2023
Employer contribution per active participant$1,914
Median for plans this size$1,308
2024$1,700 per active participant
2023$1,914 per active participant

Carrier Access Inc.'s 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Loan processing$320

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$19,094 · 0.28%
2023$620 · 0.01%
2022Not separately reported
Similar plansInformation & Media · Iowa
Imon Communications, LLC IA$12.8M · 0.56%
Nrg Media, LLC IA$12.3M · 0.24%
Sounds True Inc. CO$7.2M · 0.70%
Greenlight Networks LLC NY$7.1M · 0.95%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200545373 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.