Plan Ledger DOL Form 5500 · updated monthly

Iac Inc.401(k)

IAC INC. RETIREMENT SAVINGS PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Iac Inc. reported $763,927 in plan administrative expenses for 2024: 0.05% of average plan assets, above the peer median. Employer contributions averaged $4,320 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 2 years on file its reported administrative ratio fell from 0.09% to 0.05%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other information & media employers. By assets it is the 82nd-largest of 5,648 plans among New York employers on file, and the 38th of 2,199 in information & media. In 2024, employees put in $2.24 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,573,531,415
Participants with balances13,800
Active participants7,788
Employer contributions$33,646,162
Employee contributions$75,484,534
Employer contribution per active participant$4,320
Average account balance$114,024
Benefits paid to participants$141,105,410
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.6B · 13,800 accts · $33.6M emplr
2023$1.4B · 14,787 accts · $35.7M emplr
2022$1.2B · 9,944 accts · $25.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$520,250
Investment management$239,876
Total administrative$763,927
The Iac Inc. 401(k) match · 2024
Employer contribution per active participant$4,320
Median for plans this size$5,259
2024$4,320 per active participant
2023$4,063 per active participant
2022$3,485 per active participant

Iac Inc.'s 2024 employer contribution ran below the $5,259 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 · 20245
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping · Investment advisory (participants)$463,139
CAPITAL STRATEGIES INVESTMENT · Investment management$175,000
ERNST & YOUNG US LLP · Accounting / audit$65,000
SCHULTE ROTH AND ZABEL LLP · Legal$60,563
CHARLES SCHWAB & CO., INC. · Securities brokerage$1,879

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$763,927 · 0.05%
2023$843,830 · 0.07%
2022$785,151 · 0.09%
Same employer
Similar plansInformation & Media · New York
Bertelsmann, Inc. NY$2.0B · 0.04%
Csc Holdings, LLC NY$1.9B · 0.13%
Gannett Media Corp. NY$1.6B · 0.06%
Yahoo Holdings Inc. NY$1.2B · 0.03%
Refinitiv US LLC NY$1.1B · 0.05%
Sirius Xm Radio Inc. NY$1.0B · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 843727412 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.