Plan Ledger DOL Form 5500 · updated monthly

Communication Services401(k)

COMMUNICATION SERVICES 401(K) PROFIT SHARING PLAN & TRUST · ROCHESTER, NY · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Communication Services reported $980 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,244 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 2 years on file its reported administrative ratio fell from 0.03% to 0.02%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New York (4,300th of 5,648), and 9,431st of 11,654 in professional & technical services. In 2024, employees put in $1.07 for every $1.00 the employer contributed; active participation has shrunk from 133 to 114 since 2022.

Plan summary
Net assets, end of year$5,920,315
Participants with balances201
Active participants114
Employer contributions$369,853
Employee contributions$396,289
Employer contribution per active participant$3,244
Average account balance$29,454
Benefits paid to participants$373,767
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.9M · 201 accts · $370K emplr
2023$4.8M · 202 accts · $412K emplr
2022$3.5M · 195 accts · $194K emplr
Administrative expenses, itemized · 2024
Trustee / custodial$980
Total administrative$980
The Communication Services 401(k) match · 2024
Employer contribution per active participant$3,244
Median for plans this size$1,313
2024$3,244 per active participant
2023$3,124 per active participant
2022$1,459 per active participant

Communication Services's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top quarter of its peers. 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.

Administrative cost history3
2024$980 · 0.02%
2023$980 · 0.02%
2022$980 · 0.03%
Similar plansProfessional & Technical Services · New York
Project 1972 Inc. NY$6.1M · 0.05%
Born Group Inc NY$6.1M · 0.27%
Check Technologies, Inc NY$5.9M · 0.11%
Svam International, Inc. NY$5.8M · 0.47%
Scahill Law Group P.C. NY$5.8M · 1.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161444338 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.