Plan Ledger DOL Form 5500 · updated monthly

Netatwork, LLC401(k)

NETATWORK, LLC 401(K) PROFIT SHARING PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Netatwork, LLC reported $58,204 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $956 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 2,251st-largest of 5,648 plans among New York employers on file, and the 4,906th of 11,654 in professional & technical services. In 2024, employees put in $8.19 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$23,962,349
Participants with balances346
Active participants338
Employer contributions$323,258
Employee contributions$2,646,406
Employer contribution per active participant$956
Average account balance$69,255
Benefits paid to participants$1,892,305
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$58,204
Total administrative$58,204
The Netatwork, LLC 401(k) match · 2024
Employer contribution per active participant$956
Median for plans this size$2,416

Netatwork, LLC's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20243
THE VANGUARD GROUP · Loan processing · Recordkeeping$30,235
DUNBAR BENDER & ZAPF, INC. · Recordkeeping · Consulting$9,000
MARINER PLATFORM SOLUTIONS · Investment advisory (plan)$31,059

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

Administrative cost history1
2024$58,204 · 0.26%
Same employer
Similar plansProfessional & Technical Services · New York
Handel Architects LLP NY$24.1M · 0.35%
Innovid LLC NY$23.9M · 0.60%
Janover, LLC NY$23.8M · 0.31%
Align Communications, Inc. NY$23.8M · 0.33%
Valley Stream Payroll Corp. NY$23.8M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 933014347 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.