Plan Ledger DOL Form 5500 · updated monthly

Icims401(k)

ICIMS 401(K) PLAN · HOLMDEL, NJ · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Icims reported $160,485 in plan administrative expenses for 2024: 0.16% of average plan assets, above the peer median. Employer contributions averaged $2,897 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 0.27% to 0.16%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 356th-largest of 2,419 plans among New Jersey employers on file, and the 1,433rd of 11,654 in professional & technical services. In 2024, employees put in $4.45 for every $1.00 the employer contributed; active participation has shrunk from 931 to 697 since 2022.

Plan summary
Net assets, end of year$105,619,691
Participants with balances1,106
Active participants697
Employer contributions$2,018,894
Employee contributions$8,984,030
Employer contribution per active participant$2,897
Average account balance$95,497
Benefits paid to participants$11,810,162
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$105.6M · 1,106 accts · $2.0M emplr
2023$91.8M · 1,200 accts · $2.2M emplr
2022$69.5M · 1,262 accts · $2.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$70,030
Investment management$62,000
Audit (IQPA)$28,455
Total administrative$160,485
The Icims 401(k) match · 2024
Employer contribution per active participant$2,897
Median for plans this size$3,635
2024$2,897 per active participant
2023$2,623 per active participant
2022$2,762 per active participant

Icims's 2024 employer contribution ran below the $3,635 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 · 20244
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$70,030
CETERA INVESTMENT ADVISORS LLC · Investment advisory (plan)$46,500
EISNERAMPER · Accounting / audit$28,455
LPL FINANCIAL LLC · Investment advisory (plan)$15,500

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$160,485 · 0.16%
2023$185,016 · 0.23%
2022$197,123 · 0.27%
Same employer
Similar plansProfessional & Technical Services · New Jersey
Taiho Oncology, Inc. NJ$123.9M · 0.09%
Zensar Technologies, Inc. NJ$109.3M · 0.04%
Buck Global, LLC NJ$108.2M · 0.12%
T & M Associates NJ$103.0M · 0.08%
Collabera, Inc. NJ$102.6M · 0.22%
Shionogi, Inc. NJ$101.8M · 0.06%
Certara USA, Inc. NJ$99.8M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223719840 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.