International Education CorporationESOP
IEC CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN · IRVINE, CA · plan year 2022
Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works
International Education Corporation reported $720 in plan administrative expenses for 2022: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,534 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 rose from 0.000% to 0.001%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other educational services employers. By assets it is the 585th-largest of 9,483 plans among California employers on file, and the 293rd of 3,091 in educational services.
International Education Corporation's 2022 employer contribution ran below the $3,449 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.
Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
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Source: U.S. Department of Labor, Form 5500 series, EIN 330807482 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.