Plan Ledger DOL Form 5500 · updated monthly

Impact Communication Partners, Inc.401(k)

IMPACT COMMUNICATION PARTNERS, INC 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Impact Communication Partners, Inc. reported $5,210 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,332 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 0.03%. 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 2,525th-largest of 5,648 plans among New York employers on file, and the 5,523rd of 11,654 in professional & technical services. In 2024, employees put in $4.46 for every $1.00 the employer contributed; active participation has shrunk from 119 to 88 since 2022.

Plan summary
Net assets, end of year$20,089,984
Participants with balances93
Active participants88
Employer contributions$205,220
Employee contributions$915,056
Employer contribution per active participant$2,332
Average account balance$216,021
Benefits paid to participants$2,576,915
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$20.1M · 93 accts · $205K emplr
2023$19.0M · 112 accts · $196K emplr
2022$17.5M · 119 accts · $208K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,350
Investment management$3,660
Total administrative$5,210
The Impact Communication Partners, Inc. 401(k) match · 2024
Employer contribution per active participant$2,332
Median for plans this size$2,416
2024$2,332 per active participant
2023$1,997 per active participant
2022$1,746 per active participant

Impact Communication Partners, 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

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$5,210 · 0.03%
2023$3,818 · 0.02%
2022$3,909 · 0.02%
Similar plansProfessional & Technical Services · New York
Kraft & Kennedy, Inc. NY$20.5M · 0.19%
Sisense, Inc. NY$20.4M · 0.52%
M & J Engineering, P.C. NY$20.2M · 0.24%
Softheon, Inc. NY$20.1M · 0.32%
The Burgiss Group LLC NY$20.0M · 0.01%
Chainalysis NY$19.8M · 0.13%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 133108337 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.