Plan Ledger DOL Form 5500 · updated monthly

Ingo Money, Inc401(k)

INGO MONEY, INC 401(K) PLAN · ALPHARETTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.80%

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

Ingo Money, Inc reported $99,361 in plan administrative expenses for 2024: 0.80% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,355 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 3 years on file its reported administrative ratio has held roughly steady near 0.80%. 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 1,051st-largest of 2,160 plans among Georgia employers on file, and 6,812th of 11,654 in professional & technical services. In 2024, employees put in $2.02 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,053,865
Participants with balances153
Active participants208
Employer contributions$489,943
Employee contributions$990,950
Employer contribution per active participant$2,355
Average account balance$91,855
Benefits paid to participants$427,222
Plan auditUnmodified (clean) audit opinion
AuditorROSS LANE & COMPANY, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$14.1M · 153 accts · $490K emplr
2023$10.8M · 148 accts · $463K emplr
2022$8.4M · 152 accts · $449K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$99,361
Total administrative$99,361
The Ingo Money, Inc 401(k) match · 2024
Employer contribution per active participant$2,355
Median for plans this size$2,416
2024$2,355 per active participant
2023$2,087 per active participant
2022$1,962 per active participant

Ingo Money, Inc's 2024 employer contribution ran below 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 · 20244
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$83,794
FUTUREPLAN BY ASCENSUS, LLC · Recordkeeping · Loan processing$15,400
SBHU/MORGAN STANLEY SMITH BARNEY · Insurance broker · Insurance servicesindirect comp

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

Recordkeeper by year2
2024Ascensus, Transamerica
2023Ascensus, Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$99,361 · 0.80%
2023$73,784 · 0.77%
2022$71,221 · 0.82%
Same employer
Similar plansProfessional & Technical Services · Georgia
Om Partners USA, Inc. GA$14.1M · 0.50%
1PATH Managed Services LLC GA$13.9M · 0.99%
Deposco, Inc. GA$13.3M · 0.27%
T5 Data Centers LLC GA$13.3M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582646945 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.