Plan Ledger DOL Form 5500 · updated monthly

Ih Engineers, PC401(k)

IH ENGINEERS 401(K) TRUST · PRINCETON, NJ · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Ih Engineers, PC reported $67,342 in plan administrative expenses for 2024: 0.40% of average plan assets, above the peer median. Employer contributions averaged $3,797 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 0.29% to 0.40%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,132nd-largest of 2,419 plans among New Jersey employers on file, and 5,975th of 11,654 in professional & technical services. In 2024, employees put in $2.97 for every $1.00 the employer contributed; active participation has grown from 65 to 91 since 2022.

Plan summary
Net assets, end of year$17,749,583
Participants with balances111
Active participants91
Employer contributions$345,491
Employee contributions$1,027,028
Employer contribution per active participant$3,797
Average account balance$159,906
Benefits paid to participants$1,756,689
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.7M · 111 accts · $345K emplr
2023$16.1M · 105 accts · $306K emplr
2022$13.9M · 109 accts · $275K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,242
Audit (IQPA)$20,800
Total administrative$67,342
The Ih Engineers, PC 401(k) match · 2024
Employer contribution per active participant$3,797
Median for plans this size$2,416
2024$3,797 per active participant
2023$4,314 per active participant
2022$4,226 per active participant

Ih Engineers, PC's 2024 employer contribution ran above the $2,416 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$29,249
MARCUM LLP · Accounting / audit$20,800
MERILL LYNCH · Investment advisory (plan)$17,300

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$67,342 · 0.40%
2023$60,396 · 0.40%
2022$44,687 · 0.29%
Similar plansProfessional & Technical Services · New Jersey
Neuraflash, LLC NJ$18.0M · 0.03%
Asembia, LLC NJ$17.8M · 0.61%
Axis Analytics, LLC NJ$17.7M · 0.41%
Citiustech, Inc. NJ$17.4M · 0.83%
Inflexionpoint NJ$17.3M · 0.08%
Mfxchange US, Inc. NJ$17.1M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200006070 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.