Plan Ledger DOL Form 5500 · updated monthly

Ideatek Telcom, LLC401(k)

IDEATEK TELCOM, LLC 401(K) PLAN · BUHLER, KS · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Ideatek Telcom, LLC reported $957 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,099 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 0.09% 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 Kansas (591st of 828), and 9,127th of 11,654 in professional & technical services. In 2024, employees put in $1.91 for every $1.00 the employer contributed; active participation has grown from 124 to 165 since 2022.

Plan summary
Net assets, end of year$6,705,499
Participants with balances158
Active participants165
Employer contributions$511,355
Employee contributions$978,182
Employer contribution per active participant$3,099
Average account balance$42,440
Benefits paid to participants$140,542
Plan auditUnmodified (clean) audit opinion
AuditorALLEN, GIBBS & HOULIK, L.C.
Plan history3
Yearassets · accounts · employer contribution
2024$6.7M · 158 accts · $511K emplr
2023$4.3M · 121 accts · $357K emplr
2022$2.7M · 117 accts · $313K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$950
Trustee / custodial$7
Total administrative$957
The Ideatek Telcom, LLC 401(k) match · 2024
Employer contribution per active participant$3,099
Median for plans this size$1,313
2024$3,099 per active participant
2023$2,442 per active participant
2022$2,521 per active participant

Ideatek Telcom, LLC'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.

Service providers · 20241
INTRUST BANK, N.A. · Recordkeeping · Trustee (discretionary)$957

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

Recordkeeper by year2
2024INTRUST BANK, N.A.
2023INTRUST BANK, N.A.

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

Administrative cost history3
2024$957 · 0.02%
2023$2,209 · 0.06%
2022$2,445 · 0.09%
Similar plansProfessional & Technical Services · Kansas
Perfect Output, LLC KS$7.6M · 0.53%
Propio Ls, LLC KS$6.1M · 0.65%
Veracity Consulting, Inc. KS$4.4M · 0.92%

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Source: U.S. Department of Labor, Form 5500 series, EIN 473991872 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.