401k Record

Employers › VIRTELA TECHNOLOGY SERVICES

VIRTELA TECHNOLOGY SERVICES 401(k)

Recordkeeping fees per participant · NTT Global Networks, Incorporated 401(k) Investment Plan · plan year 2024

$241.27

Higher than 92% of the 14,075 plans $10 to 50M that report it.

Source

= $35,708 / 148
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251013154115NAL0002342384001, received 2025-10-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013154115NAL0002342384001, received 2025-10-13

10th: $10.53median $83.9490th: $217.08

Percentiles compare this plan with the Schedule H plans $10 to 50M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-13.

Cost and contributions

Administrative expenses excluding investment management, per participant

$241.27

10th: $15.36median $118.8890th: $340.63

Higher than 80% of the 24,371 plans $10 to 50M that report it.

Source

= $35,708 / 148
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251013154115NAL0002342384001, received 2025-10-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013154115NAL0002342384001, received 2025-10-13

Administrative expenses per participant

$254.66

10th: $26.86median $197.2590th: $456.10

Higher than 63% of the 25,098 plans $10 to 50M that report it.

Source

= $37,690 / 148
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251013154115NAL0002342384001, received 2025-10-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013154115NAL0002342384001, received 2025-10-13

Administrative expenses as a share of assets

0.109%

10th: 0.035%median 0.289%90th: 0.599%

Higher than 22% of the 25,132 plans $10 to 50M that report it.

Source

= $37,690 / $34,697,865
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251013154115NAL0002342384001, received 2025-10-13
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251013154115NAL0002342384001, received 2025-10-13

Employer contributions per participant

$1,850

10th: $664median $2,07490th: $4,751

Higher than 43% of the 24,050 plans $10 to 50M that report it.

Source

= $273,760 / 148
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251013154115NAL0002342384001, received 2025-10-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013154115NAL0002342384001, received 2025-10-13

Employer share of total contributions

16.6%

10th: 13.1%median 27.9%90th: 45.2%

Higher than 16% of the 24,084 plans $10 to 50M that report it.

Source

= $273,760 / $1,650,523
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251013154115NAL0002342384001, received 2025-10-13
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251013154115NAL0002342384001, received 2025-10-13

Plan terms, as stated in VIRTELA TECHNOLOGY SERVICES Inc's SEC filings

Plan terms are not published in public filings.

Plan features

2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2T default investment (QDIA) · 2F ERISA 404(c) plan · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251013154115NAL0002342384001, received 2025-10-13

Full record, NTT Global Networks, Incorporated 401(k) Investment Plan

FieldValueSource
Plan sponsorNTT GLOBAL NETWORKS INCORPORATEDForm 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251013154115NAL0002342384001, received 2025-10-13
Plan nameNTT GLOBAL NETWORKS, INCORPORATED 401K INVESTMENT PLANForm 5500, line 1a; PLAN_NAME pos 16; filing 20251013154115NAL0002342384001, received 2025-10-13
Sponsor EIN / plan number84-1539247 / 001Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251013154115NAL0002342384001, received 2025-10-13
Plan typesingle-employerForm 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251013154115NAL0002342384001, received 2025-10-13
Sponsor locationGREENWOOD VILLAGE, COForm 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251013154115NAL0002342384001, received 2025-10-13
Industry (business code)517000, InformationForm 5500, line 2d; BUSINESS_CODE pos 46; filing 20251013154115NAL0002342384001, received 2025-10-13
Plan year2024-01-01 to 2024-12-31Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251013154115NAL0002342384001, received 2025-10-13
Filing received2025-10-13Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251013154115NAL0002342384001, received 2025-10-13
Final filingnoForm 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251013154115NAL0002342384001, received 2025-10-13
Amended filingnoForm 5500, Part I line B; AMENDED_IND pos 7; filing 20251013154115NAL0002342384001, received 2025-10-13
Participants, beginning of year149Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251013154115NAL0002342384001, received 2025-10-13
Active participants108Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251013154115NAL0002342384001, received 2025-10-13
Participants, end of year154Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251013154115NAL0002342384001, received 2025-10-13
Participants with an account balance148Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013154115NAL0002342384001, received 2025-10-13
Total assets, beginning of year$29,564,971Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251013154115NAL0002342384001, received 2025-10-13
Total assets, end of year$34,697,865Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251013154115NAL0002342384001, received 2025-10-13
Net assets, end of year$34,697,865Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251013154115NAL0002342384001, received 2025-10-13
Total income$7,447,347Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251013154115NAL0002342384001, received 2025-10-13
Net income$5,132,894Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251013154115NAL0002342384001, received 2025-10-13
Employer contributions$273,760Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251013154115NAL0002342384001, received 2025-10-13
Participant contributions$1,376,763Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251013154115NAL0002342384001, received 2025-10-13
Other contributions (incl. rollovers)$0Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251013154115NAL0002342384001, received 2025-10-13
Total contributions$1,650,523Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251013154115NAL0002342384001, received 2025-10-13
Benefit payments$2,281,630Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251013154115NAL0002342384001, received 2025-10-13
Total expenses (incl. benefit payments)$2,314,453Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251013154115NAL0002342384001, received 2025-10-13
Total administrative expenses$37,690Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251013154115NAL0002342384001, received 2025-10-13
Contract administrator fees$0Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251013154115NAL0002342384001, received 2025-10-13
Recordkeeping fees$35,708Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251013154115NAL0002342384001, received 2025-10-13
IQPA audit fees$0Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20251013154115NAL0002342384001, received 2025-10-13
Investment advisory and management fees$1,982Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251013154115NAL0002342384001, received 2025-10-13
Administrative expenses excluding investment management$35,708derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251013154115NAL0002342384001, received 2025-10-13
Held in master trusts$0Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20251013154115NAL0002342384001, received 2025-10-13
Held in common/collective trusts$1,946,579Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251013154115NAL0002342384001, received 2025-10-13
Held in mutual funds$32,268,620Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251013154115NAL0002342384001, received 2025-10-13
Independent auditorBROCK AND COMPANY CPAS P.C.Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251013154115NAL0002342384001, received 2025-10-13

Position = column in the DOL layout for form year 2024. Filing 20251013154115NAL0002342384001, received 2025-10-13.

Service providers paid directly by the plan

ProviderRelationshipService codesDirect compensationIndirect
FIDELITY INVESTMENTS INSTITUTIONALrecordkeeperRECORDKEEPER 37 Participant loan processing; 64 Recordkeeping fees; 65 Account maintenance fees $35,708yes

Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251013154115NAL0002342384001, received 2025-10-13.

What changed since the 2023 plan year

Figure20232024Change
Total assets$29,564,971$34,697,86517.4%
Participants with a balance149148-0.7%
Administrative expenses$32,474$37,69016.1%
Recordkeeping fees per participant$211.32$241.2714.2%
Employer contributions$291,358$273,760-6.0%

Prior filing 20241010112217NAL0011413811001, received 2024-10-10; the plan years are contiguous.

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Sponsor name as filed: NTT GLOBAL NETWORKS INCORPORATED; SEC registrant: VIRTELA TECHNOLOGY SERVICES Inc (CIK 1223319, matched by EIN).