What are the fees in the Netfor, Inc. 401(k) plan?

For plan year 2022, Netfor, Inc. reported $9,440 in plan administrative expenses, or 1.14% of average plan assets — above the peer median. Fund-level expense ratios are not included in public filings.

What is the average account balance in the Netfor, Inc. 401(k)?

The average participant account balance was $5,820 for plan year 2022, based on 132 accounts.

Netfor, Inc.401(k)

Name: Netfor, Inc. 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

NETFOR, INC. 401(K) PROFIT SHARING · FISHERS, IN · plan year 2022

Reported admin expense ratio · 2022

1.14%

Netfor, Inc. reported $9,440 in plan administrative expenses for 2022: 1.14% of average plan assets, above the peer median. 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 1 year on file its reported administrative ratio rose from 1.14% to 2.29%. The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Indiana (1,500th of 1,562), and 2,161st of 2,199 in information & media.

Plan summary
Net assets, end of year$768,195
Participants with balances132
Active participants84
Employer contributions—
Employee contributions—
Employer contribution per active participant—
Average account balance$5,820
Benefits paid to participants$79,233
Plan auditUnmodified (clean) audit opinion
AuditorLONG & ASSOCIATES, PC

Plan history2

Yearassets · accounts · employer contribution

2023$737K · 71 accts

2022$768K · 132 accts

Administrative expenses, itemized · 2022

Recordkeeping & contract admin$9,440

Total administrative$9,440

What these fees cost you

Your balance

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2

2023$17,228 · 2.29%

2022$9,440 · 1.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351947552 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.