Plan Ledger DOL Form 5500 · updated monthly

T5 Data Centers LLC401(k)

T5 DATA CENTERS LLC 401(K) PROFIT SHARING PLAN & TRUST · ATLANTA, GA · plan year 2023

Reported admin expense ratio · 2023
0.26%

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

T5 Data Centers LLC reported $31,493 in plan administrative expenses for 2023: 0.26% of average plan assets, below the peer median. Employer contributions averaged $3,394 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 0.42% to 0.26%. 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 1,075th-largest of 2,160 plans among Georgia employers on file, and 7,012th of 11,654 in professional & technical services. In 2023, employees put in $1.88 for every $1.00 the employer contributed; active participation has grown from 170 to 205 since 2022.

Plan summary
Net assets, end of year$13,297,625
Participants with balances260
Active participants205
Employer contributions$695,858
Employee contributions$1,306,273
Employer contribution per active participant$3,394
Average account balance$51,145
Benefits paid to participants$2,452,947
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$13.3M · 260 accts · $696K emplr
2022$11.1M · 407 accts · $981K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$21,820
Investment management$9,673
Total administrative$31,493
The T5 Data Centers LLC 401(k) match · 2023
Employer contribution per active participant$3,394
Median for plans this size$2,440
2023$3,394 per active participant
2022$5,770 per active participant

T5 Data Centers LLC's 2023 employer contribution ran above 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
PAYCHEX, INC. · Investment advisory (participants) · Contract administrator$15,641
CAPE INVESTMENT ADVISORY INC · Investment advisory (participants) · Contract administrator$6,796
ERISA FIDUCIARY SERVICES, INC. · Investment advisory (participants) · Contract administrator$5,505

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

Recordkeeper by year2
2024ERISA FIDUCIARY SERVICES, INC., Paychex
2023CAPE INVESTMENT ADVISORY INC, ERISA FIDUCIARY SERVICES, INC., Paychex

This plan has changed recordkeepers within these filings. If you left T5 Data Centers LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024Not separately reported
2023$31,493 · 0.26%
2022$53,744 · 0.42%
Same employer
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Deposco, Inc. GA$13.3M · 0.27%
Mdsi GA$13.2M · 0.57%
Envistacom, LLC GA$13.0M · 0.31%
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Source: U.S. Department of Labor, Form 5500 series, EIN 261727066 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.