Plan Ledger DOL Form 5500 · updated monthly

Ideal People Services LLC401(k)

IDEAL PEOPLE SERVICES 401(K) PLAN · DALLAS, TX · plan year 2024

Reported admin expense ratio · 2024
0.71%

Ideal People Services LLC reported $93,737 in plan administrative expenses for 2024: 0.71% of average plan assets, higher than ~90% of peers. 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 1 year on file its reported administrative ratio rose from 0.40% to 0.71%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 2,416th-largest of 5,688 plans among Texas employers on file, and the 4,460th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$15,147,245
Participants with balances1,379
Active participants1,282
Employer contributions—
Employee contributions$4,150,875
Employer contribution per active participant—
Average account balance$10,984
Benefits paid to participants$1,988,059
Plan auditUnmodified (clean) audit opinion
AuditorPRICEKUBECKA
Plan history2
Yearassets · accounts · employer contribution
2024$15.1M · 1,379 accts
2023$11.2M · 1,260 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$43,913
Investment management$49,824
Total administrative$93,737
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 · 20242
NOYES ADVISORS LLC · Recordkeeping · Trustee$49,823
ADP, INC. · Loan processing · Recordkeeping$43,913

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

Recordkeeper by year2
2024ADP, NOYES ADVISORS LLC
2023ADP, NOYES ADVISORS LLC

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

Administrative cost history2
2024$93,737 · 0.71%
2023$36,358 · 0.40%
Same employer
Similar plansHealth Care & Social Assistance · Texas
San Antonio Food Bank TX$15.9M · 0.03%
Healthtrackrx, LLC TX$15.7M · 0.49%
Charles L Heaton, MD. PA TX$14.9M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 882184875 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.