Plan Ledger DOL Form 5500 · updated monthly

Fiberrise Communications, LLC dba Fiberrise401(k)

FIBERRISE RETIREMENT PLAN · MADISON, AL · plan year 2022

Reported admin expense ratio · 2022
0.49%

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

Fiberrise Communications, LLC dba Fiberrise reported $8,690 in plan administrative expenses for 2022: 0.49% of average plan assets, above the peer median. Employer contributions averaged $3,380 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Alabama (801st of 902), and 10,866th of 11,654 in professional & technical services. In 2022, employees put in $1.50 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,014,176
Participants with balances0
Active participants109
Employer contributions$368,389
Employee contributions$553,868
Employer contribution per active participant$3,380
Average account balance—
Benefits paid to participants$152,041
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$2.0M · $368K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$8,235
Investment management$455
Total administrative$8,690
The Fiberrise Communications, LLC dba Fiberrise 401(k) match · 2022
Employer contribution per active participant$3,380
Median for plans this size$1,114

Fiberrise Communications, LLC dba Fiberrise's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$8,690 · 0.49%
Similar plansProfessional & Technical Services · Alabama
Ranger Land Systems, Inc. AL$3.4M · 1.39%
Swj Technology, LLC AL$1.1M · 1.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 384109386 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.