Plan Ledger DOL Form 5500 · updated monthly

Innovative Employee Solutions, Inc.401(k)

INNOVATIVE EMPLOYEE SOLUTIONS, INC. 401(K) PLAN · SAN DIEGO, CA · plan year 2024

Reported admin expense ratio · 2024
0.55%

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

Innovative Employee Solutions, Inc. reported $93,484 in plan administrative expenses for 2024: 0.55% of average plan assets, higher than ~75% of peers. Employer contributions averaged $9 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 rose from 0.44% to 0.55%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 3,849th-largest of 9,483 plans among California employers on file, and the 658th of 2,534 in administrative & support services. In 2024, employees put in $167.44 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,352,778
Participants with balances483
Active participants1,988
Employer contributions$17,442
Employee contributions$2,920,517
Employer contribution per active participant$9
Average account balance$37,997
Benefits paid to participants$2,849,355
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.4M · 483 accts · $17K emplr
2023$15.6M · 498 accts · $185 emplr
2022$12.8M · 432 accts · $18K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,344
Investment management$33,792
Total administrative$93,484
The Innovative Employee Solutions, Inc. 401(k) match · 2024
Employer contribution per active participant$9
Median for plans this size$2,416
2024$9 per active participant
2023$0 per active participant
2022$9 per active participant

Innovative Employee Solutions, 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 · 20243
MMA SECURITIES LLC · Investment advisory (plan)$33,792

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$93,484 · 0.55%
2023$46,309 · 0.33%
2022$59,819 · 0.44%
Same employer
Similar plansAdministrative & Support Services · California
Crosscheck, Inc. CA$18.5M · 0.39%
Pursue Health LLC CA$17.4M · 0.46%
Docmagic, Inc. CA$17.3M · 0.07%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 840841199 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.