Plan Ledger DOL Form 5500 · updated monthly

Iaa Holdings LLC.401(k)

IAA 401(K) PLAN · WESTCHESTER, IL · plan year 2023

Reported admin expense ratio · 2023
0.07%

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

Iaa Holdings LLC. reported $139,010 in plan administrative expenses for 2023: 0.07% of average plan assets, below the peer median. Employer contributions averaged $1,482 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 fell from 0.09% to 0.07%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other wholesale trade employers. By assets it is the 242nd-largest of 3,702 plans among Illinois employers on file, and the 160th of 4,246 in wholesale trade. In 2023, employees put in $2.01 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$289,703,831
Participants with balances3,075
Active participants3,829
Employer contributions$5,673,081
Employee contributions$11,394,434
Employer contribution per active participant$1,482
Average account balance$94,213
Benefits paid to participants$14,199,069
Plan auditUnmodified (clean) audit opinion
AuditorGRANT THORTON LLP
Plan history2
Yearassets · accounts · employer contribution
2023$289.7M · 3,075 accts · $5.7M emplr
2022$126.7M · 2,427 accts · $5.7M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$14,789
Investment management$89,221
Total administrative$139,010
The Iaa Holdings LLC. 401(k) match · 2023
Employer contribution per active participant$1,482
Median for plans this size$3,659
2023$1,482 per active participant
2022$1,540 per active participant

Iaa Holdings LLC.'s 2023 employer contribution ran below the $3,659 median for plans its size, in the bottom 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$89,212
MESIROW FINANCIAL, INC. · Investment advisory (plan)$35,000
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$14,789

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$139,010 · 0.07%
2022$122,311 · 0.09%
Similar plansWholesale Trade · Illinois
Rb Global Holdings, Inc. IL$324.5M · 0.08%
Envoy Solutions, LLC IL$281.7M · 0.24%
Parksite, Inc. IL$242.2M
True Value Company IL$228.7M · 0.09%
SYNERGY55 LLC IL$212.8M · 0.04%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 831030538 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.