Plan Ledger DOL Form 5500 · updated monthly

Innovative Systems Group Inc401(k)

INNOVATIVE SYSTEMS GROUP INC 401(K) PROFIT SHARING PLAN & TRUST · GLEN ELLYN, IL · plan year 2023

Reported admin expense ratio · 2023
0.93%

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

Innovative Systems Group Inc reported $16,417 in plan administrative expenses for 2023: 0.93% of average plan assets, higher than ~75% of peers. Employer contributions averaged $0 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 1 year on file its reported administrative ratio rose from 0.87% to 0.93%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Illinois (3,381st of 3,702), and 10,926th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$1,894,155
Participants with balances85
Active participants239
Employer contributions$0
Employee contributions$112,573
Employer contribution per active participant$0
Average account balance$22,284
Benefits paid to participants$122,319
Plan auditQualified audit opinion
AuditorTIGHE KRESS & ORR
Plan history2
Yearassets · accounts · employer contribution
2023$1.9M · 85 accts
2022$1.6M · 107 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$6,901
Investment management$8,656
Trustee / custodial$860
Total administrative$16,417
The Innovative Systems Group Inc 401(k) match · 2023
Employer contribution per active participant$0
Median for plans this size$1,308

Innovative Systems Group Inc's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
LPL FINANCIAL - CLIFFORD CADLE · Investment advisory (participants) · Recordkeeping$7,902
PAYCHEX, INC. · Investment advisory (participants) · Recordkeeping$7,055

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

Administrative cost history2
2023$16,417 · 0.93%
2022$15,618 · 0.87%
Similar plansProfessional & Technical Services · Illinois
Admiin Inc. IL$2.0M · 0.12%
Make, Inc. IL$1.9M · 0.41%
Axiscades, Inc. IL$1.9M · 0.04%
Aspire Systems, Inc. IL$1.9M · 0.48%
Closet Works LLC IL$1.8M · 0.94%
Shield T3 IL$1.7M · 0.59%
Beary Landscaping, Inc. IL$1.7M · 1.11%
360 Management Company IL$1.7M · 1.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363795159 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.