Plan Ledger DOL Form 5500 · updated monthly

Innovative Service Technology Management Services, Incorporated401(k)

IST MANAGEMENT SERVICES, INC. DEFINED CONTRIBUTION PLAN · ATLANTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.77%

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

Innovative Service Technology Management Services, Incorporated reported $123,320 in plan administrative expenses for 2024: 0.77% of average plan assets, higher than ~90% of peers. Employer contributions averaged $363 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 0.91% to 0.77%. 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 929th-largest of 2,160 plans among Georgia employers on file, and the 673rd of 2,534 in administrative & support services. In 2024, employees put in $6.54 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,897,179
Participants with balances1,119
Active participants1,072
Employer contributions$389,190
Employee contributions$2,546,541
Employer contribution per active participant$363
Average account balance$15,994
Benefits paid to participants$1,282,918
Plan auditUnmodified (clean) audit opinion
AuditorTOMKIEWICZ WRIGHT, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$17.9M · 1,119 accts · $389K emplr
2023$14.1M · 1,043 accts · $362K emplr
2022$10.3M · 976 accts · $366K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$87,524
Investment management$31,071
Audit (IQPA)$4,725
Total administrative$123,320
The Innovative Service Technology Management Services, Incorporated 401(k) match · 2024
Employer contribution per active participant$363
Median for plans this size$2,416
2024$363 per active participant
2023$324 per active participant
2022$355 per active participant

Innovative Service Technology Management Services, Incorporated'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
JOHN HANCOCK RETIREMENT PLAN SRVCS · Recordkeeping · Investment advisory (participants)$87,665
PERSIUM ADVISOR · Investment advisory (plan)$30,930

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$123,320 · 0.77%
2023$103,084 · 0.84%
2022$95,242 · 0.91%
Same employer
Similar plansAdministrative & Support Services · Georgia
Hisense USA Corporation GA$19.6M · 0.48%
Mau Inc. GA$15.1M · 0.40%
Spear Group, LLC GA$14.7M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582303739 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.