Plan Ledger DOL Form 5500 · updated monthly

Insight Technology Solutions, LLC401(k)

INSIGHT TECHNOLOGY SOLUTIONS, LLC 401(K) PLAN · ANNAPOLIS, MD · plan year 2022

Reported admin expense ratio · 2022
0.34%

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

Insight Technology Solutions, LLC reported $15,508 in plan administrative expenses for 2022: 0.34% of average plan assets, below the peer median. Employer contributions averaged $641 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 0.34% to 1.19%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Maryland (1,350th of 1,671), and 10,146th of 11,654 in professional & technical services. In 2022, employees put in $5.47 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,070,106
Participants with balances154
Active participants153
Employer contributions$98,041
Employee contributions$536,009
Employer contribution per active participant$641
Average account balance$26,429
Benefits paid to participants$708,402
Plan auditUnmodified (clean) audit opinion
AuditorMULLEN SONDBERG WIMBISH & STONE, PA
Plan history3
Yearassets · accounts · employer contribution
2024$3.8M · 134 accts · $112K emplr
2023$3.6M · 143 accts · $93K emplr
2022$4.1M · 154 accts · $98K emplr
Administrative expenses, itemized · 2022
Investment management$15,508
Total administrative$15,508
The Insight Technology Solutions, LLC 401(k) match · 2022
Employer contribution per active participant$641
Median for plans this size$1,114
2024$725 per active participant
2023$601 per active participant
2022$641 per active participant

Insight Technology Solutions, LLC's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$43,952 · 1.19%
2023$35,220 · 0.92%
2022$15,508 · 0.34%
Same employer
Similar plansProfessional & Technical Services · Maryland
Caruso Homes, Inc. MD$4.9M · 0.06%
Clearone Advantage, LLC MD$4.8M · 1.62%
A P Ventures, LLC MD$4.2M · 0.14%
The McConnell Group, Inc. MD$4.0M · 0.74%
Strativia, LLC MD$3.6M · 1.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 522190062 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.