Plan Ledger DOL Form 5500 · updated monthly

Innovative Defense Technologies,401(k)

IDT 401(K) PLAN · ARLINGTON, VA · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Innovative Defense Technologies, reported $225,851 in plan administrative expenses for 2024: 0.38% of average plan assets, higher than ~90% of peers. Employer contributions averaged $6,361 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 0.38%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 392nd-largest of 2,266 plans among Virginia employers on file, and the 2,160th of 11,654 in professional & technical services. In 2024, employees put in $1.89 for every $1.00 the employer contributed; active participation has grown from 278 to 408 since 2022.

Plan summary
Net assets, end of year$66,426,188
Participants with balances518
Active participants408
Employer contributions$2,595,103
Employee contributions$4,894,783
Employer contribution per active participant$6,361
Average account balance$128,236
Benefits paid to participants$3,531,572
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$66.4M · 518 accts · $2.6M emplr
2023$53.2M · 433 accts · $2.9M emplr
2022$40.5M · 377 accts · $2.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$80,798
Investment management$145,053
Total administrative$225,851
The Innovative Defense Technologies, 401(k) match · 2024
Employer contribution per active participant$6,361
Median for plans this size$3,635
2024$6,361 per active participant
2023$8,704 per active participant
2022$8,287 per active participant

Innovative Defense Technologies,'s 2024 employer contribution ran above the $3,635 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 · 20243
MERRILL LYNCH PIERCE FENNER & SMITH · Recordkeeping · Pension consulting$145,052
ADP, INC. · Loan processing · Recordkeeping$80,798
ADP BROKER-DEALER · Other 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
2024ADP, Bank of America / Merrill
2023ADP, Bank of America / Merrill

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

Administrative cost history3
2024$225,851 · 0.38%
2023$172,875 · 0.37%
2022$153,255 · 0.37%
Same employer
Similar plansProfessional & Technical Services · Virginia
Cheiron, Inc VA$68.6M · 0.00%
Pragmatics, Inc VA$66.6M · 0.01%
Pbmares LLP VA$65.8M · 0.12%
Mythics, LLC VA$65.4M · 0.13%
Strategic Analysis, Inc. VA$64.7M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203575585 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.