Plan Ledger DOL Form 5500 · updated monthly

Incharge Institute of America, Inc401(k)

INCHARGE INSTITUTE 401(K) PLAN AND TRUST · ORLANDO, FL · plan year 2022

Reported admin expense ratio · 2022
0.07%

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

Incharge Institute of America, Inc reported $8,319 in plan administrative expenses for 2022: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,255 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 professional & technical services employers. By assets it is the 1,750th-largest of 3,644 plans among Florida employers on file, and 7,892nd of 11,654 in professional & technical services. In 2022, employees put in $2.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,330,000
Participants with balances146
Active participants117
Employer contributions$263,800
Employee contributions$558,143
Employer contribution per active participant$2,255
Average account balance$70,753
Benefits paid to participants$1,997,717
Plan auditUnmodified (clean) audit opinion
AuditorJM&M
Administrative expenses, itemized · 2022
Investment management$3,358
Total administrative$8,319
The Incharge Institute of America, Inc 401(k) match · 2022
Employer contribution per active participant$2,255
Median for plans this size$2,266

Incharge Institute of America, Inc's 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$8,319 · 0.07%
Same employer
Similar plansProfessional & Technical Services · Florida
Interplan LLC FL$10.5M · 0.61%
Sentry Management, Inc. FL$10.2M · 0.91%
Majority Strategies LLC FL$10.1M · 0.26%
Headlands Research, Inc. FL$10.1M · 0.57%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 522196183 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.