Plan Ledger DOL Form 5500 · updated monthly

Worldnet Telecommunications LLC.401(k)

WORLDNET TELECOMMUNICATIONS LLC. 1081.01 RETIREMENT PLAN · GUAYNABO, PR · plan year 2024

Reported admin expense ratio · 2024
0.58%

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

Worldnet Telecommunications LLC. reported $54,350 in plan administrative expenses for 2024: 0.58% of average plan assets, above the peer median. Employer contributions averaged $1,849 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 3 years on file its reported administrative ratio has held roughly steady near 0.58%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other information & media employers. By assets it is the 117th-largest of 323 plans among PR employers on file, and 1,497th of 2,199 in information & media. In 2024, employees put in $1.53 for every $1.00 the employer contributed; active participation has grown from 165 to 194 since 2022.

Plan summary
Net assets, end of year$10,226,540
Participants with balances190
Active participants194
Employer contributions$358,666
Employee contributions$549,720
Employer contribution per active participant$1,849
Average account balance$53,824
Benefits paid to participants$181,044
Plan auditUnmodified (clean) audit opinion
AuditorSHARON GONZALEZ CPAS LLC
Plan history3
Yearassets · accounts · employer contribution
2024$10.2M · 190 accts · $359K emplr
2023$8.7M · 185 accts · $351K emplr
2022$7.1M · 188 accts · $342K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$54,350
Total administrative$54,350
The Worldnet Telecommunications LLC. 401(k) match · 2024
Employer contribution per active participant$1,849
Median for plans this size$1,313
2024$1,849 per active participant
2023$2,090 per active participant
2022$2,072 per active participant

Worldnet Telecommunications LLC.'s 2024 employer contribution ran above the $1,313 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

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 · 20243
ONEDIGITAL INVESTMENT · Investment advisory (plan)$41,508
BENEFIT CONSULTING GROUP OF PR INC · Contract administratorindirect comp

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$54,350 · 0.58%
2023$45,013 · 0.57%
2022$43,063 · 0.59%
Same employer
Similar plansInformation & Media · PR
Gfr Media, LLC PR$16.2M · 0.01%
Telemundo of Puerto Rico PR$12.2M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 660530841 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.