Plan Ledger DOL Form 5500 · updated monthly

Ihi Americas Inc.401(k)

IHI GROUP 401(K) PROFIT SHARING PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Ihi Americas Inc. reported $244,685 in plan administrative expenses for 2024: 0.16% of average plan assets, above the peer median. Employer contributions averaged $7,686 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 3 years on file its reported administrative ratio has held roughly steady near 0.16%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 555th-largest of 5,648 plans among New York employers on file, and the 959th of 11,654 in professional & technical services. In 2024, employees put in $1.70 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$165,075,330
Participants with balances1,117
Active participants801
Employer contributions$6,156,369
Employee contributions$10,446,907
Employer contribution per active participant$7,686
Average account balance$147,785
Benefits paid to participants$16,964,782
Plan auditUnmodified (clean) audit opinion
AuditorCONDON O'MEARA MCGINTY AND DONNELLY
Plan history3
Yearassets · accounts · employer contribution
2024$165.1M · 1,117 accts · $6.2M emplr
2023$144.4M · 1,197 accts · $6.3M emplr
2022$113.7M · 1,056 accts · $5.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$244,685
Total administrative$244,685
The Ihi Americas Inc. 401(k) match · 2024
Employer contribution per active participant$7,686
Median for plans this size$3,635
2024$7,686 per active participant
2023$6,931 per active participant
2022$6,927 per active participant

Ihi Americas Inc.'s 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$244,685
MERCER INVESTMENTS LLC · Consultingindirect comp
THE BENEFIT PRACTICE · Contract administrator · Other servicesindirect comp

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$244,685 · 0.16%
2023$232,967 · 0.18%
2022$204,752 · 0.17%
Same employer
Similar plansProfessional & Technical Services · New York
Hodgson Russ LLP NY$174.8M · 0.10%
The Capital Markets Company NY$171.9M · 0.13%
Epstein Becker & Green, P.C. NY$167.7M · 0.08%
Mazars USA LLP NY$164.4M · 0.06%
Pryor Cashman LLP NY$160.6M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 834230011 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.