Plan Ledger DOL Form 5500 · updated monthly

Impact Technology Recruiting Inc401(k)

IMPACT TECHNOLOGY RECRUITING INC 401(K) PROFIT SHARING PLAN & TRUST · PHOENIX, AZ · plan year 2022

Reported admin expense ratio · 2022
0.73%

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

Impact Technology Recruiting Inc reported $21,423 in plan administrative expenses for 2022: 0.73% of average plan assets, above the peer median. Employer contributions averaged $334 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Arizona (987th of 1,285), and 1,780th of 2,534 in administrative & support services. In 2022, employees put in $10.74 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,849,898
Participants with balances58
Active participants139
Employer contributions$46,409
Employee contributions$498,377
Employer contribution per active participant$334
Average account balance$49,136
Benefits paid to participants$262,428
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Investment management$21,423
Total administrative$21,423
The Impact Technology Recruiting Inc 401(k) match · 2022
Employer contribution per active participant$334
Median for plans this size$1,114

Impact Technology Recruiting Inc's 2022 employer contribution ran below the $1,114 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 history1
2022$21,423 · 0.73%
Similar plansAdministrative & Support Services · Arizona
Educational Services, LLC AZ$4.0M · 1.03%
Empereon Marketing, LLC AZ$2.6M · 0.28%
Caretaker, Inc. AZ$2.3M · 1.17%
The Shield Companies, LLC AZ$1.7M · 1.95%

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Source: U.S. Department of Labor, Form 5500 series, EIN 371695225 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.