Plan Ledger DOL Form 5500 · updated monthly

Png Telecommunications, Inc.401(k)

PNG TELECOMMUNICATIONS, INC. 401(K) PLAN · CINCINNATI, OH · plan year 2023

Reported admin expense ratio · 2023
0.58%

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

Png Telecommunications, Inc. reported $42,688 in plan administrative expenses for 2023: 0.58% of average plan assets, above 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 fell from 0.61% to 0.58%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Ohio (2,220th of 3,295), and 1,896th of 3,341 in other services. In 2023, employees put in $8.27 for every $1.00 the employer contributed; active participation has shrunk from 89 to 74 since 2022.

Plan summary
Net assets, end of year$7,762,974
Participants with balances113
Active participants74
Employer contributions$55,291
Employee contributions$457,447
Employer contribution per active participant$747
Average account balance$68,699
Benefits paid to participants$830,051
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.7M · 111 accts · $52K emplr
2023$7.8M · 113 accts · $55K emplr
2022$6.9M · 123 accts · $68K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$25,718
Investment management$16,970
Total administrative$42,688
The Png Telecommunications, Inc. 401(k) match · 2023
Employer contribution per active participant$747
Median for plans this size$1,308
2024$737 per active participant
2023$747 per active participant
2022$769 per active participant

Png Telecommunications, Inc.'s 2023 employer contribution ran below the $1,308 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 · 20232
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$25,717
EVERHART ADVISORS · Investment advisory (plan)$16,970

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

Recordkeeper by year2
2024The Standard
2023The Standard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$44,723 · 0.58%
2023$42,688 · 0.58%
2022$47,997 · 0.61%
Similar plansOther Services · Ohio
Cincinnati Nature Center OH$8.9M · 0.08%
Freestore Foodbank Inc. OH$8.9M · 0.99%
Rocking Horse Center OH$8.6M · 0.39%
United Labor Agency OH$7.1M · 0.11%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 311358624 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.