Plan Ledger DOL Form 5500 · updated monthly

Ibi Group401(k)

IBI GROUP 401(K) PLAN · IRVINE, CA · plan year 2022

Reported admin expense ratio · 2022
0.27%

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

Ibi Group reported $187,139 in plan administrative expenses for 2022: 0.27% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,180 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.

The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,484th-largest of 9,483 plans among California employers on file, and the 2,286th of 11,654 in professional & technical services. In 2022, employees put in $5.98 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$62,203,150
Participants with balances559
Active participants611
Employer contributions$720,973
Employee contributions$4,311,365
Employer contribution per active participant$1,180
Average account balance$111,276
Benefits paid to participants$8,253,366
Plan auditUnmodified (clean) audit opinion
AuditorJLK ROSENBERGER
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $1.0M emplr
2022$62.2M · 559 accts · $721K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$187,139
Total administrative$187,139
The Ibi Group 401(k) match · 2022
Employer contribution per active participant$1,180
Median for plans this size$3,449

Ibi Group's 2022 employer contribution ran below the $3,449 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$187,139 · 0.27%
Same employer
Similar plansProfessional & Technical Services · California
Userzoom Technologies, Inc. CA$62.5M · 0.09%
Userzoom Technologies, Inc. CA$62.5M · 0.09%
Imperva, Inc. CA$62.5M · 0.03%
Sangamo Therapeutics, Inc. CA$62.5M · 0.09%
Motive Technologies Inc. CA$62.2M · 0.61%
Nextdoor, Inc. CA$62.1M · 0.05%
Hutchinson & Bloodgood, LLP CA$62.1M · 0.05%
Seiler LLP CA$61.8M · 0.25%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 953268721 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.