Plan Ledger DOL Form 5500 · updated monthly

Innovative Discovery Employment Services Company, Inc.401(k)

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

Reported admin expense ratio · 2024
0.27%

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

Innovative Discovery Employment Services Company, Inc. reported $90,524 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $666 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 2 years on file its reported administrative ratio fell from 0.34% to 0.27%. 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 644th-largest of 2,266 plans among Virginia employers on file, and the 3,635th of 11,654 in professional & technical services. In 2024, employees put in $2.38 for every $1.00 the employer contributed; active participation has grown from 357 to 1,629 since 2022.

Plan summary
Net assets, end of year$35,536,812
Participants with balances509
Active participants1,629
Employer contributions$1,085,288
Employee contributions$2,584,135
Employer contribution per active participant$666
Average account balance$69,817
Benefits paid to participants$4,308,709
Plan auditUnmodified (clean) audit opinion
AuditorWIPFL, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$35.5M · 509 accts · $1.1M emplr
2023$31.7M · 443 accts · $1.3M emplr
2022$27.3M · 443 accts · $803K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,607
Investment management$59,917
Total administrative$90,524
The Innovative Discovery Employment Services Company, Inc. 401(k) match · 2024
Employer contribution per active participant$666
Median for plans this size$2,416
2024$666 per active participant
2023$1,877 per active participant
2022$2,249 per active participant

Innovative Discovery Employment Services Company, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
KESTRA ADVISORY SERVICES LLC · Investment advisory (plan)$59,917

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

Administrative cost history3
2024$90,524 · 0.27%
2023$97,516 · 0.33%
2022$60,106 · 0.34%
Same employer
Similar plansProfessional & Technical Services · Virginia
Tiber Creek Consulting, Inc VA$36.4M · 0.07%
Groundswell VA$35.8M · 0.13%
Atcs, PLC VA$35.6M · 0.27%
Cruz Associates, Inc. VA$35.2M · 0.02%
Trace Systems Inc. VA$35.0M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 821582174 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.