Plan Ledger DOL Form 5500 · updated monthly

Icw Group Holdings, Inc.401(k)

ICW GROUP HOLDINGS, INC. SALARY SAVINGS PLAN · SAN DIEGO, CA · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Icw Group Holdings, Inc. reported $158,087 in plan administrative expenses for 2024: 0.12% of average plan assets, below the peer median. Employer contributions averaged $4,383 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 0.14% to 0.12%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 733rd-largest of 9,483 plans among California employers on file, and the 759th of 4,798 in finance & insurance. In 2024, employees put in $2.23 for every $1.00 the employer contributed; active participation has grown from 1,048 to 1,172 since 2022.

Plan summary
Net assets, end of year$143,353,352
Participants with balances1,546
Active participants1,172
Employer contributions$5,136,733
Employee contributions$11,469,708
Employer contribution per active participant$4,383
Average account balance$92,725
Benefits paid to participants$9,571,647
Plan auditUnmodified (clean) audit opinion
AuditorLAVINE, LOFGREN, MORRIS & ENGELBER
Plan history3
Yearassets · accounts · employer contribution
2024$143.4M · 1,546 accts · $5.1M emplr
2023$117.2M · 1,525 accts · $4.3M emplr
2022$95.6M · 1,381 accts · $3.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$108,087
Investment management$50,000
Total administrative$158,087
The Icw Group Holdings, Inc. 401(k) match · 2024
Employer contribution per active participant$4,383
Median for plans this size$3,635
2024$4,383 per active participant
2023$3,967 per active participant
2022$3,559 per active participant

Icw Group Holdings, Inc.'s 2024 employer contribution ran above 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$108,669

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$158,087 · 0.12%
2023$130,658 · 0.12%
2022$139,558 · 0.14%
Same employer
Similar plansFinance & Insurance · California
Woodruff-Sawyer & Co. CA$149.9M · 0.08%
New American Funding, LLC CA$148.5M · 0.17%
Lendingclub Corporation CA$145.2M · 0.16%
Hanmi Bank CA$143.9M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952890041 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.