Plan Ledger DOL Form 5500 · updated monthly

Identity Group Holdings Corp.401(k)

IDENTITY GROUP 401K PLAN · COOKEVILLE, TN · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Identity Group Holdings Corp. reported $5,605 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $297 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 0.05% to 0.04%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 711th-largest of 1,496 plans among Tennessee employers on file, and 7,402nd of 13,661 in manufacturing. In 2024, employees put in $9.24 for every $1.00 the employer contributed; active participation has shrunk from 212 to 169 since 2022.

Plan summary
Net assets, end of year$13,955,400
Participants with balances271
Active participants169
Employer contributions$50,233
Employee contributions$464,025
Employer contribution per active participant$297
Average account balance$51,496
Benefits paid to participants$2,253,849
Plan auditUnmodified (clean) audit opinion
AuditorCARR RIGGS AND INGRAM
Plan history3
Yearassets · accounts · employer contribution
2024$14.0M · 271 accts · $50K emplr
2023$13.3M · 292 accts · $57K emplr
2022$11.9M · 319 accts · $33K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,694
Investment management$1,911
Total administrative$5,605
The Identity Group Holdings Corp. 401(k) match · 2024
Employer contribution per active participant$297
Median for plans this size$2,416
2024$297 per active participant
2023$294 per active participant
2022$156 per active participant

Identity Group Holdings Corp.'s 2024 employer contribution ran below the $2,416 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 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$3,694

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$5,605 · 0.04%
2023$5,153 · 0.04%
2022$7,647 · 0.05%
Same employer
Similar plansManufacturing · Tennessee
Arc Automotive, Inc. TN$14.1M · 0.58%
Scepter, Inc. TN$14.0M · 0.11%
Games Workshop Retail, Inc. TN$13.7M · 0.77%
Moody Dunbar, Inc. TN$13.6M · 0.71%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261401165 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.