Plan Ledger DOL Form 5500 · updated monthly

The Intellekt Group401(k)

THE INTELLEKT GROUP 401(K) PROFIT SHARING PLAN & TRUST · SAN ANTONIO, TX · plan year 2024

Reported admin expense ratio · 2024
0.66%

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

The Intellekt Group reported $43,452 in plan administrative expenses for 2024: 0.66% of average plan assets, above the peer median. Employer contributions averaged $2,698 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 rose from 0.24% to 0.66%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Texas (3,516th of 5,688), and 1,949th of 3,341 in other services. In 2024, employees put in $2.29 for every $1.00 the employer contributed; active participation has grown from 127 to 187 since 2022.

Plan summary
Net assets, end of year$7,426,400
Participants with balances194
Active participants187
Employer contributions$504,597
Employee contributions$1,156,529
Employer contribution per active participant$2,698
Average account balance$38,280
Benefits paid to participants$1,191,684
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.4M · 194 accts · $505K emplr
2023$5.8M · 161 accts · $460K emplr
2022$4.0M · 167 accts · $444K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,257
Investment management$25,195
Total administrative$43,452
The The Intellekt Group 401(k) match · 2024
Employer contribution per active participant$2,698
Median for plans this size$1,313
2024$2,698 per active participant
2023$2,858 per active participant
2022$3,495 per active participant

The Intellekt Group's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
ALLIANCEBERNSTEIN LP · Investment advisory (plan)$24,465
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$18,257

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

Administrative cost history3
2024$43,452 · 0.66%
2023$16,727 · 0.34%
2022$9,277 · 0.24%
Same employer
Similar plansOther Services · Texas
Hope Media Group TX$7.7M · 1.06%
Arms of Hope TX$7.1M · 0.02%
Contract Datascan LP TX$7.1M · 0.68%
Vizza Wash, L.P. TX$7.0M · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 474526395 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.