Plan Ledger DOL Form 5500 · updated monthly

Idt Corporation401(k)

IDT CORPORATION 401(K) PLAN · NEWARK, NJ · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Idt Corporation reported $497,961 in plan administrative expenses for 2024: 0.29% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,410 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 0.25% to 0.29%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other information & media employers. By assets it is the 238th-largest of 2,419 plans among New Jersey employers on file, and the 201st of 2,199 in information & media. In 2024, employees put in $2.52 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$182,305,837
Participants with balances1,685
Active participants646
Employer contributions$2,202,586
Employee contributions$5,542,549
Employer contribution per active participant$3,410
Average account balance$108,193
Benefits paid to participants$10,968,418
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$182.3M · 1,685 accts · $2.2M emplr
2023$160.4M · 1,785 accts · $1.1M emplr
2022$139.8M · 1,825 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$442,022
Investment management$12,138
Audit (IQPA)$18,050
Trustee / custodial$25,751
Total administrative$497,961
The Idt Corporation 401(k) match · 2024
Employer contribution per active participant$3,410
Median for plans this size$3,635
2024$3,410 per active participant
2023$1,694 per active participant
2022$1,523 per active participant

Idt Corporation's 2024 employer contribution ran below the $3,635 median for plans its size. 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 · 20247
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$442,022
STATE STREET BANK AND TRUST CO. · Trustee (directed)$25,750
ZWICK CPA, PLLC · Accounting / audit$18,050
FISHER INVESTMENTS · Investment advisory (participants)$7,838
CHARLES SCHWAB & CO., INC · Securities brokerage$1,786
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect comp
OBERON SECURITIES, LLC · Consulting · Insurance servicesindirect comp

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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Administrative cost history3
2024$497,961 · 0.29%
2023$368,596 · 0.25%
2022$402,283 · 0.25%
Same employer
Similar plansInformation & Media · New Jersey
Commvault Systems, Inc. NJ$290.1M · 0.01%
Vonage Holdings Corp NJ$289.3M · 0.07%
Ses Americom Inc. NJ$250.4M · 0.04%
A. M. Best Company NJ$187.2M · 0.02%
Forbes Media LLC NJ$157.0M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223312700 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.