Plan Ledger DOL Form 5500 · updated monthly

Infoarmor, Inc.401(k)

INFOARMOR RETIREMENT PLAN · SCOTTSDALE, AZ · plan year 2023

Reported admin expense ratio · 2023
0.65%

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

Infoarmor, Inc. reported $66,487 in plan administrative expenses for 2023: 0.65% of average plan assets, higher than ~90% of peers. Employer contributions averaged $920 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 has held roughly steady near 0.65%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is the 509th-largest of 1,285 plans among Arizona employers on file, and 7,252nd of 11,654 in professional & technical services. In 2023, employees put in $9.54 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,446,419
Participants with balances286
Active participants316
Employer contributions$290,725
Employee contributions$2,774,352
Employer contribution per active participant$920
Average account balance$43,519
Benefits paid to participants$1,177,488
Plan auditUnmodified (clean) audit opinion
AuditorCARNEAL & HUNT, PLC
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $573K emplr
2023$12.4M · 286 accts · $291K emplr
2022$8.0M · 285 accts · $102K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$62,595
Investment management$3,892
Total administrative$66,487
The Infoarmor, Inc. 401(k) match · 2023
Employer contribution per active participant$920
Median for plans this size$2,440
2023$920 per active participant
2022$294 per active participant

Infoarmor, Inc.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$62,595

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

Administrative cost history3
2024Not separately reported
2023$66,487 · 0.65%
2022$53,478 · 0.66%
Same employer
Similar plansProfessional & Technical Services · Arizona
Ingram & Co., Inc. AZ$13.4M · 0.72%
Computer Guidance AZ$13.3M · 0.48%
Integrity Outsource, LLC AZ$12.4M · 1.48%
Statistical Research, Inc. AZ$12.3M · 0.02%
Ev Group Incorporated AZ$12.1M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 260634314 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.