Plan Ledger DOL Form 5500 · updated monthly

Innovid LLC401(k)

INNOVID LLC · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.60%

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

Innovid LLC reported $131,194 in plan administrative expenses for 2024: 0.60% of average plan assets, higher than ~75% of peers. Employer contributions averaged $6,737 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 0.10% to 0.60%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 2,254th-largest of 5,648 plans among New York employers on file, and the 4,923rd of 11,654 in professional & technical services. In 2024, employees put in $2.09 for every $1.00 the employer contributed; active participation has shrunk from 204 to 180 since 2022.

Plan summary
Net assets, end of year$23,858,211
Participants with balances252
Active participants180
Employer contributions$1,212,643
Employee contributions$2,529,403
Employer contribution per active participant$6,737
Average account balance$94,675
Benefits paid to participants$3,471,694
Plan auditUnmodified (clean) audit opinion
AuditorBDG-CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$23.9M · 252 accts · $1.2M emplr
2023$20.1M · 255 accts · $1.2M emplr
2022$15.9M · 243 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$131,194
Total administrative$131,194
The Innovid LLC 401(k) match · 2024
Employer contribution per active participant$6,737
Median for plans this size$2,416
2024$6,737 per active participant
2023$6,579 per active participant
2022$5,795 per active participant

Innovid LLC's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$131,194
PARK AVENUE SECURITIES · Other servicesindirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$131,194 · 0.60%
2023$107,992 · 0.60%
2022$16,095 · 0.10%
Same employer
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Handel Architects LLP NY$24.1M · 0.35%
Netatwork, LLC NY$24.0M · 0.26%
Janover, LLC NY$23.8M · 0.31%
Align Communications, Inc. NY$23.8M · 0.33%
Valley Stream Payroll Corp. NY$23.8M · 0.48%
Dattner Architects NY$23.8M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 980566587 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.