Plan Ledger DOL Form 5500 · updated monthly

Ihrc, Inc.401(k)

IHRC, INC. 401(K) PLAN · ATLANTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Ihrc, Inc. reported $18,779 in plan administrative expenses for 2024: 0.18% of average plan assets, below the peer median. Employer contributions averaged $2,150 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 0.02% to 0.18%. 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 among the smaller plans on file in Georgia (1,220th of 2,160), and 7,831st of 11,654 in professional & technical services. In 2024, employees put in $2.48 for every $1.00 the employer contributed; active participation has shrunk from 34 to 26 since 2022.

Plan summary
Net assets, end of year$10,552,325
Participants with balances212
Active participants26
Employer contributions$55,892
Employee contributions$138,504
Employer contribution per active participant$2,150
Average account balance$49,775
Benefits paid to participants$1,269,272
Plan auditDisclaimer of opinion
AuditorAGL CPA GROUP, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$10.6M · 212 accts · $56K emplr
2023$10.2M · 232 accts · $78K emplr
2022$8.8M · 242 accts · $132K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,779
Total administrative$18,779
The Ihrc, Inc. 401(k) match · 2024
Employer contribution per active participant$2,150
Median for plans this size$2,416
2024$2,150 per active participant
2023$3,259 per active participant
2022$3,892 per active participant

Ihrc, Inc.'s 2024 employer contribution ran below 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 · 20241
THE VANGUARD GROUP, INC. · Recordkeeping$18,779

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$18,779 · 0.18%
2023$10,162 · 0.11%
2022$2,087 · 0.02%
Similar plansProfessional & Technical Services · Georgia
Foy & Associates, PC GA$10.9M · 0.17%
Itineris NA, Inc. GA$10.9M · 0.49%
Booster Enterprises, Inc. GA$10.3M · 0.12%
Medicus IT, LLC GA$10.1M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 208471100 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.