Plan Ledger DOL Form 5500 · updated monthly

Innoplex, LLC401(k)

INNOPLEX, LLC 401(K) PROFIT SHARING PLAN AND TRUST · COLUMBIA, MD · plan year 2022

Reported admin expense ratio · 2022
0.43%

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

Innoplex, LLC reported $81,618 in plan administrative expenses for 2022: 0.43% of average plan assets, above the peer median. Employer contributions averaged $11,124 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 688th-largest of 1,671 plans among Maryland employers on file, and the 5,785th of 11,654 in professional & technical services. In 2022, the employer put in $1.18 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$18,705,265
Participants with balances198
Active participants143
Employer contributions$1,590,708
Employee contributions$1,351,645
Employer contribution per active participant$11,124
Average account balance$94,471
Benefits paid to participants$856,626
Plan auditUnmodified (clean) audit opinion
AuditorAPRIO LLP
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $2.1M emplr
2022$18.7M · 198 accts · $1.6M emplr
The Innoplex, LLC 401(k) match · 2022
Employer contribution per active participant$11,124
Median for plans this size$2,266

Innoplex, LLC'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.

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 history2
2023Not separately reported
2022$81,618 · 0.43%
Same employer
Similar plansProfessional & Technical Services · Maryland
Summit Group, LLC MD$18.9M · 0.35%
Resolute Technologies, LLC MD$18.9M · 0.70%
The Educe Group MD$18.7M · 0.28%
Omnyon MD$18.5M · 0.28%
Fiducial, Inc. MD$17.9M · 0.33%
Lieber Institute, Inc. MD$17.8M · 0.29%
Integral Federal, Inc. MD$17.7M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 275033368 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.