Plan Ledger DOL Form 5500 · updated monthly

E-Telequote Insurance, Inc.401(k)

E-TELEQUOTE INSURANCE 401(K) PLAN · CLEARWATER, FL · plan year 2024

Reported admin expense ratio · 2024
0.52%

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

E-Telequote Insurance, Inc. reported $22,606 in plan administrative expenses for 2024: 0.52% of average plan assets, below the peer median. Employer contributions averaged $637 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 0.82% to 0.52%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Florida (2,499th of 3,644), and 4,450th of 4,798 in finance & insurance. In 2024, employees put in $2.02 for every $1.00 the employer contributed; active participation has grown from 397 to 528 since 2022.

Plan summary
Net assets, end of year$4,944,428
Participants with balances265
Active participants528
Employer contributions$336,319
Employee contributions$680,004
Employer contribution per active participant$637
Average account balance$18,658
Benefits paid to participants$439,195
Plan auditUnmodified (clean) audit opinion
AuditorH2R CPA
Plan history3
Yearassets · accounts · employer contribution
2024$4.9M · 265 accts · $336K emplr
2023$3.8M · 235 accts · $302K emplr
2022$2.8M · 220 accts · $314K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,606
Total administrative$22,606
The E-Telequote Insurance, Inc. 401(k) match · 2024
Employer contribution per active participant$637
Median for plans this size$1,313
2024$637 per active participant
2023$533 per active participant
2022$792 per active participant

E-Telequote Insurance, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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.

Service providers · 20241
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$22,606

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$22,606 · 0.52%
2023$13,533 · 0.41%
2022$23,356 · 0.82%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 202312336 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.