Plan Ledger DOL Form 5500 · updated monthly

One Network Enterprises401(k)

ONE NETWORK ENTERPRISES, INC. 401(K) PS PLAN & TRUST · DALLAS, TX · plan year 2023

Reported admin expense ratio · 2023
0.04%

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

One Network Enterprises reported $4,103 in plan administrative expenses for 2023: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,602 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 1 year on file its reported administrative ratio fell from 0.05% to 0.04%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is the 2,566th-largest of 5,688 plans among Texas employers on file, and 6,875th of 11,654 in professional & technical services. In 2023, employees put in $7.25 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,816,051
Participants with balances271
Active participants230
Employer contributions$368,490
Employee contributions$2,671,344
Employer contribution per active participant$1,602
Average account balance$50,982
Benefits paid to participants$613,373
Plan auditUnmodified (clean) audit opinion
AuditorPRICEKUBECKA
Plan history2
Yearassets · accounts · employer contribution
2023$13.8M · 271 accts · $368K emplr
2022$9.0M · 263 accts · $361K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$3,670
Investment management$433
Total administrative$4,103
The One Network Enterprises 401(k) match · 2023
Employer contribution per active participant$1,602
Median for plans this size$2,440
2023$1,602 per active participant
2022$1,503 per active participant

One Network Enterprises's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
ADP, INC. · Loan processing · Recordkeeping$4,103
ADP BROKER-DEALER · Other servicesindirect comp
NORTHWESTERN MUTUAL INVESTMENT SERV · Other servicesindirect comp

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

Administrative cost history2
2023$4,103 · 0.04%
2022$4,177 · 0.05%
Similar plansProfessional & Technical Services · Texas
Liaison Resources, LP TX$14.0M · 0.33%
Broaddus & Associates, Inc. TX$14.0M · 0.32%
Access Sciences Corporation TX$14.0M · 0.40%
Mark Andrews & Company TX$13.8M · 0.04%
Ensite Usa,Inc TX$13.6M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 562172387 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.