Plan Ledger DOL Form 5500 · updated monthly

Smart City Telecommunications LLC401(k)

SMART CITY TELECOMMUNICATIONS LLC 401(K) PLAN · LAKE BUENA VISTA, FL · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Smart City Telecommunications LLC reported $98,268 in plan administrative expenses for 2024: 0.30% of average plan assets, above the peer median. Employer contributions averaged $2,046 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 0.32% to 0.30%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 728th-largest of 3,644 plans among Florida employers on file, and the 707th of 2,199 in information & media. In 2024, employees put in $3.10 for every $1.00 the employer contributed; active participation has grown from 318 to 361 since 2022.

Plan summary
Net assets, end of year$34,444,399
Participants with balances423
Active participants361
Employer contributions$738,704
Employee contributions$2,287,893
Employer contribution per active participant$2,046
Average account balance$81,429
Benefits paid to participants$3,401,643
Plan auditUnmodified (clean) audit opinion
AuditorPRAGER METIS CPAS LLC
Plan history3
Yearassets · accounts · employer contribution
2024$34.4M · 423 accts · $739K emplr
2023$30.2M · 415 accts · $697K emplr
2022$25.1M · 371 accts · $616K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,268
Investment management$60,000
Total administrative$98,268
The Smart City Telecommunications LLC 401(k) match · 2024
Employer contribution per active participant$2,046
Median for plans this size$2,416
2024$2,046 per active participant
2023$1,947 per active participant
2022$1,937 per active participant

Smart City Telecommunications LLC's 2024 employer contribution ran below the $2,416 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 · 20242
T ROWE PRICE RPS INC · Recordkeeping · Loan processing$38,268
RESOURCES INVESTMENT ADVISORS LLC · Consulting$60,000

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

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

Administrative cost history3
2024$98,268 · 0.30%
2023$93,172 · 0.34%
2022$87,904 · 0.32%
Same employer
Similar plansInformation & Media · Florida
Sangoma US Inc. FL$40.0M · 0.46%
Lrp Publications, Inc. FL$32.0M · 0.01%
Wplg, Inc. FL$31.4M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223751025 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.