Plan Ledger DOL Form 5500 · updated monthly

Infratech Corporation401(k)

INFRATECH CORPORATION 401K PROFIT SHARING PLAN · KENNESAW, GA · plan year 2024

Reported admin expense ratio · 2024
1.03%

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

Infratech Corporation reported $63,968 in plan administrative expenses for 2024: 1.03% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,694 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 3 years on file its reported administrative ratio has held roughly steady near 1.03%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other utilities employers. By assets it is among the smaller plans on file in Georgia (1,486th of 2,160), and 354th of 412 in utilities. In 2024, employees put in $2.69 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,644,378
Participants with balances228
Active participants171
Employer contributions$289,710
Employee contributions$780,363
Employer contribution per active participant$1,694
Average account balance$29,142
Benefits paid to participants$837,190
Plan auditUnmodified (clean) audit opinion
AuditorEC BARRETT, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$6.6M · 228 accts · $290K emplr
2023$5.8M · 200 accts · $293K emplr
2022$4.8M · 180 accts · $177K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$63,968
Total administrative$63,968
The Infratech Corporation 401(k) match · 2024
Employer contribution per active participant$1,694
Median for plans this size$1,313
2024$1,694 per active participant
2023$1,474 per active participant
2022$1,059 per active participant

Infratech Corporation's 2024 employer contribution ran above the $1,313 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 · 20243
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$34,867
FUTUREPLAN BY ASCENSUS · Recordkeeping · Loan processing$12,859
MORGAN STANLEY SMITH BARNEY LLC · Investment advisory (plan)$15,582

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

Recordkeeper by year2
2024Ascensus, Transamerica
2023Ascensus, Transamerica

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

Administrative cost history3
2024$63,968 · 1.03%
2023$48,056 · 0.90%
2022$55,544 · 1.06%
Same employer
Similar plansUtilities · Georgia
Satilla Emc GA$30.7M · 0.28%
M&J Valve Services Inc LA$7.0M · 0.60%
Key Capture Energy LLC NY$6.9M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582130987 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.