Plan Ledger DOL Form 5500 · updated monthly

Inktel Holdings, LLC401(k)

INKTEL 401(K) PLAN · DORAL, FL · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Inktel Holdings, LLC reported $30,504 in plan administrative expenses for 2024: 0.41% of average plan assets, below the peer median. Employer contributions averaged $747 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 0.28% to 0.41%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Florida (1,984th of 3,644), and the 1,120th of 2,534 in administrative & support services. In 2024, employees put in $1.31 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,270,807
Participants with balances266
Active participants651
Employer contributions$486,406
Employee contributions$638,431
Employer contribution per active participant$747
Average account balance$31,093
Benefits paid to participants$499,271
Plan auditUnmodified (clean) audit opinion
AuditorKSDT CPA
Plan history3
Yearassets · accounts · employer contribution
2024$8.3M · 266 accts · $486K emplr
2023$6.7M · 256 accts · $457K emplr
2022$5.6M · 339 accts · $415K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,421
Investment management$83
Total administrative$30,504
The Inktel Holdings, LLC 401(k) match · 2024
Employer contribution per active participant$747
Median for plans this size$1,313
2024$747 per active participant
2023$730 per active participant
2022$578 per active participant

Inktel Holdings, LLC's 2024 employer contribution ran below 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$30,421

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

Administrative cost history3
2024$30,504 · 0.41%
2023$11,696 · 0.19%
2022$16,613 · 0.28%
Same employer
Similar plansAdministrative & Support Services · Florida
Cliff Berry, Inc. FL$9.0M · 0.27%
Jmgt, LLC FL$8.5M · 0.55%
Ameri-Force, Inc. FL$8.3M · 0.71%
Mobilehelp LLC FL$8.1M · 0.31%
Ce Broker, Inc. FL$8.1M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 650734857 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.