Plan Ledger DOL Form 5500 · updated monthly

Iai North America, Inc.401(k)

IAI NORTH AMERICA, INC. 401(K) PLAN · HERNDON, VA · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Iai North America, Inc. reported $25,156 in plan administrative expenses for 2024: 0.19% of average plan assets, below the peer median. Employer contributions averaged $3,026 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 0.32% to 0.19%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Virginia (1,182nd of 2,266), and the 762nd of 2,534 in administrative & support services. In 2024, employees put in $2.18 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,007,224
Participants with balances166
Active participants130
Employer contributions$393,349
Employee contributions$858,681
Employer contribution per active participant$3,026
Average account balance$90,405
Benefits paid to participants$658,930
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.0M · 166 accts · $393K emplr
2023$11.9M · 146 accts · $315K emplr
2022$9.6M · 143 accts · $288K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,452
Investment management$1,704
Total administrative$25,156
The Iai North America, Inc. 401(k) match · 2024
Employer contribution per active participant$3,026
Median for plans this size$2,416
2024$3,026 per active participant
2023$2,886 per active participant
2022$2,344 per active participant

Iai North America, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$23,452

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

Administrative cost history3
2024$25,156 · 0.19%
2023$18,055 · 0.17%
2022$33,475 · 0.32%
Same employer
Similar plansAdministrative & Support Services · Virginia
Omega World Travel, Inc. VA$16.5M · 0.53%
Savvee Consulting Inc VA$15.0M · 0.40%
Lancesoft, Inc. VA$14.5M · 1.89%

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Source: U.S. Department of Labor, Form 5500 series, EIN 540846186 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.