Plan Ledger DOL Form 5500 · updated monthly

Innovasystems International, LLC401(k)

INNOVASYSTEMS INTERNATIONAL, LLC 401(K) PLAN · SAN DIEGO, CA · plan year 2022

Reported admin expense ratio · 2022
0.01%

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

Innovasystems International, LLC reported $4,204 in plan administrative expenses for 2022: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,562 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 1 year on file its reported administrative ratio rose from 0.01% to 0.02%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,470th-largest of 9,483 plans among California employers on file, and the 2,264th of 11,654 in professional & technical services. In 2022, employees put in $2.11 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$62,775,639
Participants with balances369
Active participants269
Employer contributions$1,227,199
Employee contributions$2,589,335
Employer contribution per active participant$4,562
Average account balance$170,124
Benefits paid to participants$2,465,940
Plan auditUnmodified (clean) audit opinion
AuditorRBTK, LLP
Plan history2
Yearassets · accounts · employer contribution
2023$1.3M · 32 accts · $1.1M emplr
2022$62.8M · 369 accts · $1.2M emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$4,204
Total administrative$4,204
The Innovasystems International, LLC 401(k) match · 2022
Employer contribution per active participant$4,562
Median for plans this size$3,449
2023$56,632 per active participant
2022$4,562 per active participant

Innovasystems International, LLC's 2022 employer contribution ran above the $3,449 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$7,115 · 0.02%
2022$4,204 · 0.01%
Same employer
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Userzoom Technologies, Inc. CA$62.5M · 0.09%
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Sangamo Therapeutics, Inc. CA$62.5M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330775792 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.