What are the fees in the Telnet, Inc. 401(k) plan?

For plan year 2022, Telnet, Inc. reported $16,621 in plan administrative expenses, or 0.50% of average plan assets — above the peer median. Fund-level expense ratios are not included in public filings.

What is the Telnet, Inc. 401(k) match?

In 2022, employer contributions to the Telnet, Inc. plan averaged $1,782 per active participant, above the $1,114 median for plans of similar size. Public filings report contribution dollars, not the match formula; the formula is in the plan's summary plan description.

What is the average account balance in the Telnet, Inc. 401(k)?

The average participant account balance was $37,165 for plan year 2022, based on 85 accounts.

Telnet, Inc.401(k)

Name: Telnet, Inc. 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

TELNET, INC. 401(K) PLAN · ROCKVILLE, MD · plan year 2022

Reported admin expense ratio · 2022

0.50%

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

Telnet, Inc. reported $16,621 in plan administrative expenses for 2022: 0.50% of average plan assets, above the peer median. Employer contributions averaged $1,782 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 professional & technical services employers. By assets it is among the smaller plans on file in Maryland (1,421st of 1,671), and 10,485th of 11,654 in professional & technical services. In 2022, employees put in $2.69 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,159,062
Participants with balances85
Active participants65
Employer contributions$115,834
Employee contributions$311,718
Employer contribution per active participant$1,782
Average account balance$37,165
Benefits paid to participants$301,710
Plan auditUnmodified (clean) audit opinion
AuditorDSR CPA AND CONSULTANTS

The Telnet, Inc. 401(k) match · 2022

Employer contribution per active participant$1,782

Median for plans this size$1,114

Telnet, Inc.'s 2022 employer contribution ran above the $1,114 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

Your balance

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 history1

2022$16,621 · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521972780 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.