Plan Ledger DOL Form 5500 · updated monthly

Iland Internet Solutions Corp401(k)

ILAND INTERNET SOLUTIONS 401K PLAN · HOUSTON, TX · plan year 2022

Reported admin expense ratio · 2022
0.58%

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

Iland Internet Solutions Corp reported $65,201 in plan administrative expenses for 2022: 0.58% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,147 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other information & media employers. By assets it is the 2,767th-largest of 5,688 plans among Texas employers on file, and 1,372nd of 2,199 in information & media. In 2022, employees put in $3.55 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,143,417
Participants with balances538
Active participants621
Employer contributions$712,062
Employee contributions$2,530,745
Employer contribution per active participant$1,147
Average account balance$22,571
Benefits paid to participants$1,591,845
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$12.1M · 538 accts · $712K emplr
Administrative expenses, itemized · 2022
Investment management$49,893
Professional / advisory$15,308
Total administrative$65,201
The Iland Internet Solutions Corp 401(k) match · 2022
Employer contribution per active participant$1,147
Median for plans this size$2,266

Iland Internet Solutions Corp's 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$65,201 · 0.58%
Similar plansInformation & Media · Texas
Snow Software, Inc. TX$13.7M · 0.65%
Netwrix Corporation TX$13.4M · 0.46%
Raptor Technologies, LLC TX$13.1M · 0.62%
Zeomega, Inc. TX$11.9M · 0.58%
Selerix Systems, Inc. TX$11.8M · 0.04%
Aspyr Media, Inc. TX$11.7M · 0.20%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 760497687 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.