Plan Ledger DOL Form 5500 · updated monthly

Innovative Solutions Unlimited LLC401(k)

INNOVATIVE SOLUTIONS UNLIMITED 401K RETIREMENT PLAN · PIKETON, OH · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Innovative Solutions Unlimited LLC reported $20,244 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $1,076 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 0.35% to 0.26%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Ohio (2,206th of 3,295), and the 1,148th of 2,534 in administrative & support services. In 2024, employees put in $3.18 for every $1.00 the employer contributed; active participation has shrunk from 180 to 142 since 2022.

Plan summary
Net assets, end of year$7,906,593
Participants with balances106
Active participants142
Employer contributions$152,838
Employee contributions$486,575
Employer contribution per active participant$1,076
Average account balance$74,591
Benefits paid to participants$1,341,884
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.9M · 106 accts · $153K emplr
2023$7.5M · 112 accts · $176K emplr
2022$7.1M · 134 accts · $220K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,319
Investment management$17,925
Total administrative$20,244
The Innovative Solutions Unlimited LLC 401(k) match · 2024
Employer contribution per active participant$1,076
Median for plans this size$1,313
2024$1,076 per active participant
2023$1,123 per active participant
2022$1,222 per active participant

Innovative Solutions Unlimited LLC's 2024 employer contribution ran below the $1,313 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 · 20242
EDWARD JONES · Recordkeeping · Trustee$17,924
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
2024Edward Jones
2023Edward Jones

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

Administrative cost history3
2024$20,244 · 0.26%
2023$27,221 · 0.37%
2022$27,892 · 0.35%
Similar plansAdministrative & Support Services · Ohio
Reilly Sweeping, Inc. OH$8.5M · 0.60%
Accuserve Solutions, Inc. OH$7.2M · 0.98%
Belflex Staffing Network OH$7.0M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061668377 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.