Plan Ledger DOL Form 5500 · updated monthly

Telenetwork, Inc.401(k)

TELENETWORK, INC. 401(K) PLAN · SAN MARCOS, TX · plan year 2022

Reported admin expense ratio · 2022
0.95%

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

Telenetwork, Inc. reported $75,800 in plan administrative expenses for 2022: 0.95% of average plan assets, higher than ~75% of peers. Employer contributions averaged $465 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Texas (3,480th of 5,688), and the 1,181st of 2,534 in administrative & support services. In 2022, employees put in $1.38 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,547,850
Participants with balances295
Active participants779
Employer contributions$362,211
Employee contributions$499,048
Employer contribution per active participant$465
Average account balance$25,586
Benefits paid to participants$629,124
Plan auditUnmodified (clean) audit opinion
AuditorBAUER & COMPANY LLC
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $319K emplr
2022$7.5M · 295 accts · $362K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$31,693
Investment management$44,107
Total administrative$75,800
The Telenetwork, Inc. 401(k) match · 2022
Employer contribution per active participant$465
Median for plans this size$1,114

Telenetwork, Inc.'s 2022 employer contribution ran below the $1,114 median for plans its size, in the bottom quarter of its peers. 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$75,800 · 0.95%
Same employer
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Wrm Holdings, LLC. TX$8.3M · 0.16%
Decypher Technologies LTD TX$7.8M · 0.56%
Manpow, LLC TX$7.7M · 0.80%
Nec Networks, LLC TX$7.6M · 0.83%
American One Source, Inc TX$7.4M · 0.77%
Rmpersonnel, Inc. TX$7.3M · 0.81%
Always Answer, Inc. TX$7.3M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 742662819 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.