Plan Ledger DOL Form 5500 · updated monthly

Impact Networking, LLC401(k)

IMPACT NETWORKING, LLC 401(K) RETIREMENT SAVINGS PLAN · LAKE FOREST, IL · plan year 2024

Reported admin expense ratio · 2024
0.55%

Impact Networking, LLC reported $183,886 in plan administrative expenses for 2024: 0.55% of average plan assets, higher than ~75% of peers. 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 0.43% to 0.55%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 1,175th-largest of 3,702 plans among Illinois employers on file, and the 691st of 2,199 in information & media.

Plan summary
Net assets, end of year$35,566,006
Participants with balances1,654
Active participants879
Employer contributions—
Employee contributions$4,989,223
Employer contribution per active participant—
Average account balance$21,503
Benefits paid to participants$4,184,419
Plan auditUnmodified (clean) audit opinion
AuditorPBG FINANCIAL SERVICES, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$35.6M · 1,654 accts
2023$31.5M · 1,569 accts
2022$24.9M · 1,440 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$81,976
Investment management$101,910
Total administrative$183,886
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 · 20244
ALLIANCE PENSION CONSULTANTS, LLC · Recordkeeping$81,977
MORGAN STANLEY SMITH BARNEY LLC · Investment advisory (plan)$101,910
CHARLES SCHWAB TRUST BANK · Custodial (securities)indirect comp
CHARLES SCHWAB & CO., INC. · Custodial (securities)indirect comp

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

Recordkeeper by year2
2024ALLIANCE PENSION CONSULTANTS, LLC
2023ALLIANCE PENSION CONSULTANTS, LLC

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Administrative cost history3
2024$183,886 · 0.55%
2023$125,172 · 0.44%
2022$108,696 · 0.43%
Same employer
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Paddock Publications, Inc. IL$48.5M · 0.00%
Stats LLC IL$43.7M · 0.14%
The Jellyvision Lab, Inc. IL$36.7M · 0.27%
Sac Wireless, LLC IL$34.9M · 0.63%
Reveal Data Corporation IL$30.4M · 0.62%
Winsight, LLC IL$28.0M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364292481 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.