Plan Ledger DOL Form 5500 · updated monthly

Innovative Services, Inc. (Isi)401(k)

INNOVATIVE SERVICES RETIREMENT PLAN · GREEN BAY, WI · plan year 2024

Reported admin expense ratio · 2024
1.64%

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

Innovative Services, Inc. (Isi) reported $34,737 in plan administrative expenses for 2024: 1.64% of average plan assets, higher than ~90% of peers. Employer contributions averaged $498 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 1.51% to 1.64%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Wisconsin (1,808th of 1,936), and 2,783rd of 3,341 in other services. In 2024, employees put in $2.38 for every $1.00 the employer contributed; active participation has grown from 269 to 321 since 2022.

Plan summary
Net assets, end of year$2,393,758
Participants with balances408
Active participants321
Employer contributions$159,914
Employee contributions$380,712
Employer contribution per active participant$498
Average account balance$5,867
Benefits paid to participants$213,304
Plan auditUnmodified (clean) audit opinion
AuditorHAWKINS ASH CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$2.4M · 408 accts · $160K emplr
2023$1.8M · 503 accts · $147K emplr
2022$1.5M · 131 accts · $94K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,494
Investment management$13,743
Trustee / custodial$1,500
Total administrative$34,737
The Innovative Services, Inc. (Isi) 401(k) match · 2024
Employer contribution per active participant$498
Median for plans this size$1,313
2024$498 per active participant
2023$388 per active participant
2022$348 per active participant

Innovative Services, Inc. (Isi)'s 2024 employer contribution ran below the $1,313 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 · 20241
ASSOCIATED TRUST COMPANY, N.A. · Recordkeeping · Pension consulting$34,737

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

Recordkeeper by year2
2024ASSOCIATED TRUST COMPANY, N.A.
2023ASSOCIATED TRUST COMPANY, N.A.

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Administrative cost history3
2024$34,737 · 1.64%
2023$18,473 · 1.12%
2022$24,984 · 1.51%
Same employer
Similar plansOther Services · Wisconsin
Fraser Industries WI$3.2M · 1.61%
Quillin's, Inc. WI$2.8M · 1.34%
Rochelle Leigh Group LLC WI$2.1M · 1.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391969834 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.