Plan Ledger DOL Form 5500 · updated monthly

Fanch Communications, Inc.401(k)

FANCH COMMUNICATIONS 401K PLAN · DENVER, CO · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Fanch Communications, Inc. reported $19,910 in plan administrative expenses for 2024: 0.40% of average plan assets, below the peer median. Employer contributions averaged $348 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 rose from 0.12% to 0.40%. 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 Colorado (1,031st of 1,461), and 9,661st of 11,654 in professional & technical services. In 2024, employees put in $6.35 for every $1.00 the employer contributed; active participation has grown from 109 to 154 since 2022.

Plan summary
Net assets, end of year$5,364,165
Participants with balances225
Active participants154
Employer contributions$53,527
Employee contributions$339,781
Employer contribution per active participant$348
Average account balance$23,841
Benefits paid to participants$182,447
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.4M · 225 accts · $54K emplr
2023$4.6M · 215 accts · $49K emplr
2022$3.8M · 229 accts · $52K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,676
Total administrative$19,910
The Fanch Communications, Inc. 401(k) match · 2024
Employer contribution per active participant$348
Median for plans this size$1,313
2024$348 per active participant
2023$312 per active participant
2022$478 per active participant

Fanch Communications, 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 · 20242
QUALIFIED PENSION SERVICES · Recordkeeping$15,234
VOYA RETIREMENT INS & ANNUITY · Investment advisory (plan)$4,676

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

Recordkeeper by year2
2024QUALIFIED PENSION SERVICES
2023QUALIFIED PENSION SERVICES

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

Administrative cost history3
2024$19,910 · 0.40%
2023$24,322 · 0.58%
2022$5,164 · 0.12%
Similar plansProfessional & Technical Services · Colorado
Aliri USA Inc. CO$5.6M · 1.19%
Forge Nano CO$5.6M · 0.86%
Vorto Operations LLC CO$5.5M · 0.16%
Spicer Jeffries & Co LLP CO$5.3M · 0.60%
Bombbomb, Inc. CO$5.1M · 0.44%
Birdon America Inc. CO$5.0M · 0.96%

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Source: U.S. Department of Labor, Form 5500 series, EIN 840991985 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.