Plan Ledger DOL Form 5500 · updated monthly

Indus Technology, Inc.401(k)

INDUS TECHNOLOGY, INC. 401(K) PLAN · SAN DIEGO, CA · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Indus Technology, Inc. reported $94,565 in plan administrative expenses for 2024: 0.42% of average plan assets, above the peer median. Employer contributions averaged $3,111 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 fell from 0.60% to 0.42%. 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 3,151st-largest of 9,483 plans among California employers on file, and the 4,832nd of 11,654 in professional & technical services. In 2024, employees put in $1.87 for every $1.00 the employer contributed; active participation has grown from 312 to 472 since 2022.

Plan summary
Net assets, end of year$24,472,327
Participants with balances623
Active participants472
Employer contributions$1,468,539
Employee contributions$2,745,706
Employer contribution per active participant$3,111
Average account balance$39,281
Benefits paid to participants$3,745,590
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$24.5M · 623 accts · $1.5M emplr
2023$20.2M · 651 accts · $1.2M emplr
2022$16.7M · 495 accts · $951K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$49,247
Investment management$45,318
Total administrative$94,565
The Indus Technology, Inc. 401(k) match · 2024
Employer contribution per active participant$3,111
Median for plans this size$2,416
2024$3,111 per active participant
2023$2,546 per active participant
2022$3,050 per active participant

Indus Technology, Inc.'s 2024 employer contribution ran above 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$49,247
IMA ADVISORY SERVICES, INC. · Investment advisory (plan)$45,318
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp

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$94,565 · 0.42%
2023$100,266 · 0.54%
2022$104,634 · 0.60%
All plans at this employer2
INDUS TECHNOLOGY, INC. 401(K) PLAN401(k)
INDUS TECHNOLOGY, INC EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 330480641 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.