Plan Ledger DOL Form 5500 · updated monthly

Igt401(k)

IGT 401(K) RETIREMENT SAVINGS PLAN · PROVIDENCE, RI · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Igt reported $587,548 in plan administrative expenses for 2024: 0.05% of average plan assets, below the peer median. Employer contributions averaged $2,355 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 0.07% to 0.05%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other professional & technical services employers. By assets it is the 7th-largest of 286 plans among Rhode Island employers on file, and the 129th of 11,654 in professional & technical services. In 2024, employees put in $3.00 for every $1.00 the employer contributed; active participation has grown from 5,645 to 6,357 since 2022.

Plan summary
Net assets, end of year$1,374,339,100
Participants with balances8,236
Active participants6,357
Employer contributions$14,967,841
Employee contributions$44,858,562
Employer contribution per active participant$2,355
Average account balance$166,870
Benefits paid to participants$126,133,787
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.4B · 8,236 accts · $15.0M emplr
2023$1.2B · 8,118 accts · $14.1M emplr
2022$1.0B · 7,973 accts · $13.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$412,908
Investment management$174,640
Total administrative$587,548
The Igt 401(k) match · 2024
Employer contribution per active participant$2,355
Median for plans this size$5,259
2024$2,355 per active participant
2023$2,354 per active participant
2022$2,338 per active participant

Igt's 2024 employer contribution ran below the $5,259 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$315,952
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$174,640

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$587,548 · 0.05%
2023$634,684 · 0.06%
2022$754,439 · 0.07%
Same employer
Similar plansProfessional & Technical Services · Rhode Island
Morrison & Foerster LLP CA$1.4B · 0.01%
Worley Group Inc. TX$1.4B · 0.04%
Ropes & Gray LLP MA$1.4B · 0.04%
Bmc Software, Inc. TX$1.4B · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 880173041 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.