Plan Ledger DOL Form 5500 · updated monthly

Class Technologies Inc401(k)

CLASS 401(K) PLAN · WASHINGTON, DC · plan year 2023

Reported admin expense ratio · 2023
1.79%

Class Technologies Inc reported $36,104 in plan administrative expenses for 2023: 1.79% of average plan assets, higher than ~90% of peers. 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 $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 District of Columbia (566th of 618), and 2,068th of 2,199 in information & media.

Plan summary
Net assets, end of year$2,309,193
Participants with balances90
Active participants85
Employer contributions—
Employee contributions$886,436
Employer contribution per active participant—
Average account balance$25,658
Benefits paid to participants$870,476
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$36,104
Total administrative$36,104
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 · 20233
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$36,103
PRINCIPAL SECURITIES INC · Other servicesindirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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

Administrative cost history1
2023$36,104 · 1.79%
Same employer
Similar plansInformation & Media · District of Columbia
Leadership Connect, Inc. DC$9.9M · 0.15%
Industry Dive Inc. DC$8.9M · 0.61%
Quorum Analytics LLC DC$8.6M · 0.46%
Dynamic Concepts, Inc. DC$1.8M · 1.38%
Reach Media, LLC DC$1.3M · 1.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 851559210 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.