Plan Ledger DOL Form 5500 · updated monthly

Techforce Telecom Inc.401(k)

TECHFORCE TELECOM INC 401K · CATLETTSBURG, KY · plan year 2024

Reported admin expense ratio · 2024
0.57%

Techforce Telecom Inc. reported $4,700 in plan administrative expenses for 2024: 0.57% of average plan assets, below 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 2 years on file its reported administrative ratio rose from 0.12% to 0.57%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Kentucky (831st of 871), and 2,157th of 2,199 in information & media. active participation has shrunk from 195 to 147 since 2022.

Plan summary
Net assets, end of year$848,195
Participants with balances120
Active participants147
Employer contributions—
Employee contributions$112,746
Employer contribution per active participant—
Average account balance$7,068
Benefits paid to participants$154,344
Plan auditUnmodified (clean) audit opinion
AuditorKELLEY GALLOWAY SMITH GOOLSBY
Plan history3
Yearassets · accounts · employer contribution
2024$848K · 120 accts
2023$799K · 190 accts
2022$789K · 175 accts
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.

Administrative cost history3
2024$4,700 · 0.57%
2023$1,159 · 0.15%
2022$975 · 0.12%
Similar plansInformation & Media · Kentucky
Venminder, Inc. KY$9.3M · 0.19%
Media Sales Plus Inc NY$942K · 0.59%
Milsoft Utility Solutions TX$904K · 0.01%
Cdyne Corporation VA$860K · 0.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203050612 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.