Plan Ledger DOL Form 5500 · updated monthly

U.S. Internet401(k)

U.S. INTERNET 401(K) PLAN AND TRUST · MINNETONKA, MN · plan year 2022

Reported admin expense ratio · 2022
0.05%

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

U.S. Internet reported $4,208 in plan administrative expenses for 2022: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,986 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 information & media employers. By assets it is among the smaller plans on file in Minnesota (1,396th of 1,918), and 1,621st of 2,199 in information & media. In 2022, the employer put in $7.25 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$8,285,840
Participants with balances92
Active participants147
Employer contributions$732,969
Employee contributions$101,160
Employer contribution per active participant$4,986
Average account balance$90,063
Benefits paid to participants$49,689
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$4,208
Total administrative$4,208
The U.S. Internet 401(k) match · 2022
Employer contribution per active participant$4,986
Median for plans this size$1,114

U.S. Internet's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$4,208 · 0.05%
Same employer
Similar plansInformation & Media · Minnesota
Ourfamilywizard, LLC MN$8.8M · 0.46%
Qumu Corporation MN$8.4M · 0.12%
Dispatchit, Inc. MN$6.0M · 0.36%
Travelnet Solutions, LLC MN$3.8M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411808536 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.