Plan Ledger DOL Form 5500 · updated monthly

Madison Telecommunications, Inc.401(k)

MADISON TELECOMMUNICATIONS 401(K) PROFIT SHARING PLAN & TRUST · CARTERSVILLE, GA · plan year 2024

Reported admin expense ratio · 2024
0.87%

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

Madison Telecommunications, Inc. reported $30,753 in plan administrative expenses for 2024: 0.87% of average plan assets, higher than ~75% of peers. Employer contributions averaged $890 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 0.78% to 0.87%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Georgia (1,738th of 2,160), and 2,499th of 3,341 in other services. In 2024, employees put in $2.51 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,816,100
Participants with balances338
Active participants179
Employer contributions$159,379
Employee contributions$399,261
Employer contribution per active participant$890
Average account balance$11,290
Benefits paid to participants$478,625
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.8M · 338 accts · $159K emplr
2023$3.3M · 284 accts · $183K emplr
2022$2.4M · 238 accts · $145K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,753
Total administrative$30,753
The Madison Telecommunications, Inc. 401(k) match · 2024
Employer contribution per active participant$890
Median for plans this size$1,313
2024$890 per active participant
2023$911 per active participant
2022$737 per active participant

Madison Telecommunications, Inc.'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

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$30,753 · 0.87%
2023$17,745 · 0.63%
2022$19,261 · 0.78%
Same employer
Similar plansOther Services · Georgia
Keh Inc GA$4.6M · 0.86%
Mammoth Holdings, LLC GA$3.8M · 1.15%
Pivotal Retail Group LLC GA$3.8M · 0.13%
Dcr Systems LLC GA$3.4M · 0.74%
Fouts Bros. Inc. GA$3.0M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582617060 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.