Orlando Telephone Company Inc. DBA Summit Broadband 401(k) match, vesting and fees
What Orlando Telephone Company Inc. DBA Summit Broadband's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Empower Annuity Insurance Company | Schedule C ↗ |
| Independent auditor | Assurance Dimensions LLC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 1,508 defined-contribution plans in information with 100 to 499 participants.
| Orlando Telephone Company Inc. DBA Summit Broadband: employer contribution per participant | $2,511 | |
| Peer median | $2,188 |
| Orlando Telephone Company Inc. DBA Summit Broadband: average balance | $34,520 | |
| Peer median | $63,883 |
| Orlando Telephone Company Inc. DBA Summit Broadband: admin expenses ÷ assets | 0.61% | |
| Peer median | 0.27% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $9.8M at the end of plan year 2023 to $10.6M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 322 | $10.6M | $773K | $2,511 | 0.61% | Not published | Form 5500 ↗ |
| 2023 | 363 | $9.8M | $132K | $394 | 0.05% | Not published | Form 5500 ↗ |
Other Orlando Telephone Company Inc. DBA Summit Broadband plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Summit Broadband Inc. 401(k) Profit Sharing Plan and Trust
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Fidelity Investments Institutional | Schedule C ↗ |
| Independent auditor | Crowe LLP (disclaimer opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Terminated (final filing) | Form 5500 ↗ |
Common questions
Does Orlando Telephone Company Inc. DBA Summit Broadband match 401(k) contributions?
The match terms for the Summit Broadband 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $773K in employer contributions, about $2,511 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Orlando Telephone Company Inc. DBA Summit Broadband 401(k) match vested?
The vesting schedule for the Summit Broadband 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Orlando Telephone Company Inc. DBA Summit Broadband 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Empower Annuity Insurance Company. The plan administrator is Orlando Telephone Company Inc. DBA Summit Broadband.
I left Orlando Telephone Company Inc. DBA Summit Broadband. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Orlando Telephone Company Inc. DBA Summit Broadband, (239) 877-4442) or the recordkeeper, Empower Annuity Insurance Company. The Orlando Telephone Company Inc. DBA Summit Broadband old 401(k) page lists the contacts from every plan filing. Find an old Orlando Telephone Company Inc. DBA Summit Broadband 401(k)
Data from the public Form 5500 annual reports Orlando Telephone Company Inc. DBA Summit Broadband filed with the U.S. Department of Labor (plan years 2021 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Orlando Telephone Company Inc. DBA Summit Broadband. Not financial advice. Report a correction · Methodology