Plan Ledger DOL Form 5500 · updated monthly

Illfonic Inc401(k)

ILLFONIC INC 401(K) PROFIT SHARING PLAN & TRUST · LAKEWOOD, CO · plan year 2024

Reported admin expense ratio · 2024
0.63%

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

Illfonic Inc reported $27,791 in plan administrative expenses for 2024: 0.63% of average plan assets, above the peer median. Employer contributions averaged $5,386 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 has held roughly steady near 0.630%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Colorado (1,049th of 1,461), and 1,878th of 2,199 in information & media. In 2024, employees put in $1.50 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,064,777
Participants with balances104
Active participants64
Employer contributions$344,730
Employee contributions$516,067
Employer contribution per active participant$5,386
Average account balance$48,700
Benefits paid to participants$269,239
Plan auditUnmodified (clean) audit opinion
AuditorBIGGS, KOFFORD, & CO.,P.C.
Plan history2
Yearassets · accounts · employer contribution
2024$5.1M · 104 accts · $345K emplr
2023$3.8M · 119 accts · $358K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,204
Trustee / custodial$587
Total administrative$27,791
The Illfonic Inc 401(k) match · 2024
Employer contribution per active participant$5,386
Median for plans this size$1,313
2024$5,386 per active participant
2023$4,120 per active participant

Illfonic Inc's 2024 employer contribution ran above the $1,313 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 · 20242
PAYCHEX, INC. · Recordkeeping$13,898
401K GENERATION · Contract administrator$12,792

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

Recordkeeper by year2
2024Paychex
2023401K GENERATION, Paychex

This plan has changed recordkeepers within these filings. If you left Illfonic Inc before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history2
2024$27,791 · 0.63%
2023$20,350 · 0.63%
Similar plansInformation & Media · Colorado
Ems Operations LLC CO$3.6M · 0.32%
Akerna Services LLC CO$1.3M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 881611738 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.