Plan Ledger DOL Form 5500 · updated monthly

Infoworks, Inc.ESOP

INFOWORKS EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST · NASHVILLE, TN · plan year 2022

Employer contribution per participant · 2022
$7,758

Infoworks, Inc.'s 2022 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $30,628,813 across 197 participant accounts, with employer contributions averaging $7,758 per active participant. See methodology for what Form 5500 does and doesn't capture.

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 409th-largest of 1,496 plans among Tennessee employers on file, and the 4,107th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$30,628,813
Participants with balances197
Active participants99
Employer contributions$768,080
Employee contributions—
Employer contribution per active participant$7,758
Average account balance$155,476
Benefits paid to participants$565,330
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC
Plan history3
Yearassets · accounts · employer contribution
2024$24.2M · 127 accts · $390K emplr
2023$22.9M · 126 accts · $689K emplr
2022$30.6M · 197 accts · $768K emplr
Employer contributions to the Infoworks, Inc. plan · 2022
Employer contribution per active participant$7,758
Median for plans this size$2,266
2024$4,380 per active participant
2023$6,622 per active participant
2022$7,758 per active participant

Infoworks, Inc.'s 2022 employer contribution ran above the $2,266 median for plans its size, placing it in the top 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.

Recordkeeper by year2
2024Vanguard
2023Vanguard

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Administrative cost history3
2024Not separately reported
2023Not separately reported
2022Not separately reported
All plans at this employer2
INFOWORKS 401(K) PLAN401(k)
INFOWORKS EMPLOYEE STOCK OWNERSHIP PLAN AND TRUSTESOP
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 621669899 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.