Plan Ledger DOL Form 5500 · updated monthly

I3 Technology Group, LLC401(k)

I3 TECHNOLOGY GROUP, LLC 401K PLAN · BINGHAMTON, NY · plan year 2023

Reported admin expense ratio · 2023
0.16%

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

I3 Technology Group, LLC reported $20,989 in plan administrative expenses for 2023: 0.16% of average plan assets, below the peer median. Employer contributions averaged $1,536 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 1 year on file its reported administrative ratio rose from 0.15% to 0.16%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in New York (3,185th of 5,648), and 7,680th of 13,661 in manufacturing. In 2023, employees put in $2.20 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,121,482
Participants with balances230
Active participants219
Employer contributions$336,334
Employee contributions$740,528
Employer contribution per active participant$1,536
Average account balance$57,050
Benefits paid to participants$2,456,025
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$13.1M · 230 accts · $336K emplr
2022$12.6M · 219 accts · $422K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$6,436
Trustee / custodial$14,553
Total administrative$20,989
The I3 Technology Group, LLC 401(k) match · 2023
Employer contribution per active participant$1,536
Median for plans this size$2,440
2023$1,536 per active participant
2022$2,231 per active participant

I3 Technology Group, LLC's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
EPIC RETIREMENT PLAN SERVICES · Recordkeeping · Loan processingindirect comp
NBT BANK N.A. · Trustee$20,989

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

Administrative cost history2
2023$20,989 · 0.16%
2022$18,622 · 0.15%
Similar plansManufacturing · New York
Weber-Knapp Company, Inc. NY$13.2M · 0.15%
The Bazooka Companies, LLC NY$13.1M · 0.21%
Anchor Computer, Inc. NY$12.9M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 845163706 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.